There were 30 generation equipment tenders announced in the Asia-Pacific region in December 2020, marking a drop of 41% over the last 12-month average of 51, according to GlobalData’s power industry tenders database.
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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in December 2020 with 104 tenders and a 39% share, followed by T&D Project with 74 tenders and a 27.7% share and Power Plant with 52 tenders and a 19.5% share during the month.
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 21 tenders and a 70% share
- Repair, Maintenance, Upgrade & Others: nine tenders and a 30% share.
Thermal is top technology for Asia-Pacific generation equipment tenders in December 2020
Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 23 tenders with a 76.7% share, followed by solar with five tenders and a 16.7% share and hydro with two tenders and a 6.7% 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.
