There were 81 generation equipment tenders announced in the Asia-Pacific region in December 2019, marking a drop of 17% over the last 12-month average of 98, according to GlobalData’s power industry tenders database.
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T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in December 2019 with 291 tenders and a 50.8% share, followed by T&D Equipment with 105 tenders and an 18.3% share and Generation Equipment with 81 tenders and a 14.1% share during the month.
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 54 tenders and a 66.7% share
- Repair, Maintenance, Upgrade & Others: 27 tenders and a 33.3% share.
Thermal is top technology for Asia-Pacific generation equipment tenders in December 2019
Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 72 tenders with an 88.9% share, followed by solar with eight tenders and a 9.9% share and hydro with one tender and a 1.2% share.
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All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.
