There were 79 generation equipment tenders announced in the Asia-Pacific region in Q4 2021, marking a drop of 13% over the last four-quarter average of 91, 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 Q4 2021 with 184 tenders and a 39.1% share, followed by Power Plant with 89 tenders and an 18.9% share and Generation Equipment with 79 tenders and a 16.8% share during the quarter.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 75 tenders and a 94.9% share
- Repair, Maintenance, Upgrade & Others: two tenders and a 2.5% share
- Consulting & Similar Services: one tender and a 1.3% share
- Project Implementation: one tender and a 1.3% share.
Thermal is top technology for Asia-Pacific generation equipment tenders in Q4 2021
Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 74 tenders with a 92.5% share, followed by solar with five tenders and a 6.3% share and hydro with one tender and a 1.3% share.
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Asia-Pacific generation equipment tenders in Q4 2021: Top companies by capacity
The top issuer of generation equipment tenders for the quarter in terms of power capacity involved in Asia-Pacific was:Greenko MP01 IREP Private with 1,440MW from one tender.
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.
