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February 22, 2021

Asia-Pacific generation equipment tenders activity down 36% in January 2021

By Amit Sharma

There were 30 generation equipment tenders announced in the Asia-Pacific region in January 2021, marking a drop of 36% over the last 12-month average of 47, 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 January 2021 with 63 tenders and a 31.8% share, followed by T&D Equipment with 59 tenders and a 29.8% share and Power Plant with 39 tenders and a 19.7% share during the month.

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

  1. Repair, Maintenance, Upgrade & Others: 17 tenders and a 56.7% share
  2. Supply & Erection: 13 tenders and a 43.3% share.

Thermal is top technology for Asia-Pacific generation equipment tenders in January 2021

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 21 tenders with a 70% share, followed by solar with seven tenders and a 23.3% share and nuclear 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.

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