There were 24 generation equipment contracts announced in the Asia-Pacific region in December 2019, marking a rise of 14% over the last 12-month average of 21, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in December 2019 with 24 contracts and a 38.1% share, followed by Power Plant with 15 contracts and a 23.8% share and Electricity Procurement with nine contracts and a 14.3% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 21 contracts and an 87.5% share
  2. Project Implementation: three contracts and a 12.5% share.

Wind is top technology for Asia-Pacific generation equipment contracts in December 2019

Looking at generation equipment contracts by the type of technology in the Asia-Pacific region, wind accounted for 13 contracts with a 54.2% share, followed by solar with seven contracts and a 29.2% share and thermal with four contracts and a 16.7% share.

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Asia-Pacific generation equipment contracts in December 2019: Top companies by capacity

The top issuers of generation equipment contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Tamil Nadu Generation and Distribution (India): 660MW from one contract
  2. Continuum Wind Energy (India): 250MW from one contract
  3. Tra Vinh Wind Power (Vietnam): 50.4MW capacity from one contract.

Asia-Pacific generation equipment contracts in December 2019: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. BGR Energy Systems (India): 660MW from one contract
  2. Inox Wind (India): 250MW from one contract
  3. Vestas Asia Pacific Wind Technology Pte. (Singapore): 50.4MW capacity from one contract.

All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.