There were 45 generation equipment tenders announced in the Asia-Pacific region in Q1 2021, marking a drop of 68% over the last four-quarter average of 142, 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 Q1 2021 with 152 tenders and a 30.9% share, followed by Power Plant with 129 tenders and a 26.2% share and T&D Project with 126 tenders and a 25.6% share during the quarter.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 25 tenders and a 55.6% share
- Repair, Maintenance, Upgrade & Others: 19 tenders and a 42.2% share
- Consulting & Similar Services: one tender and a 2.2% share.
Thermal is top technology for Asia-Pacific generation equipment tenders in Q1 2021
Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 31 tenders with a 68.9% share, followed by solar with ten tenders and a 22.2% share and nuclear with four tenders and an 8.9% 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.
