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July 15, 2021

Asia-Pacific generation equipment contracts activity remain flat in June 2021

By Amit Sharma

There were 33 generation equipment contracts announced in the Asia-Pacific region in June 2021, marking a flat growth over the last 12-month average of 33, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in June 2021 with 35 contracts and a 30.7% share, followed by Generation Equipment with 33 contracts and a 28.9% share and T&D Project with 15 contracts and a 13.2% share during the month.

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

  1. Supply & Erection: 29 contracts and an 87.9% share
  2. Project Implementation: two contracts and a 6.1% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 6.1% share.

Wind is top technology for Asia-Pacific generation equipment contracts in June 2021

Looking at generation equipment contracts by the type of technology in the Asia-Pacific region, wind accounted for 15 contracts with a 45.5% share, followed by thermal with eight contracts and a 24.2% share and solar with five contracts and a 15.2% share.

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Asia-Pacific generation equipment contracts in June 2021: Top issuers by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Asia-Pacific was:Oil India (India) with 30MW from one contract.

Asia-Pacific generation equipment contracts in June 2021: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved in Asia-Pacific was:Wartsila (Finland) with 30MW 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.

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