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November 28, 2019

Asia-Pacific generation equipment tenders activity down 2% in October 2019

There were 99 generation equipment tenders announced in the Asia-Pacific region in October 2019, marking a drop of 2% over the last 12-month average of 101, 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 October 2019 with 302 tenders and a 51.4% share, followed by T&D Equipment with 113 tenders and a 19.2% share and Generation Equipment with 99 tenders and a 16.8% share during the month.

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

  1. Supply & Erection: 90 tenders and a 90.9% share
  2. Repair, Maintenance, Upgrade & Others: nine tenders and a 9.1% share.

Thermal is top technology for Asia-Pacific generation equipment tenders in October 2019

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 83 tenders with an 84.7% share, followed by hydro with nine tenders and a 9.2% share and solar with six tenders and a 6.1% 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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