Asia-Pacific generation equipment tenders activity up 16% in May 2021

There were 37 generation equipment tenders announced in the Asia-Pacific region in May 2021, marking a rise of 16% over the last 12-month average of 32, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in May 2021 with 39 tenders and a 28.9% share, followed by Generation Equipment with 37 tenders and a 27.4% share and T&D Project with 33 tenders and a 24.4% share during the month.

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

1. Repair, Maintenance, Upgrade & Others: 26 tenders and a 70.3% share
2. Supply & Erection: 11 tenders and a 29.7% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 33 tenders with an 89.2% share, followed by solar with three tenders and an 8.1% share and hydro with one tender and a 2.7% share.

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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