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  1. Market Data
June 22, 2022

Asia-Pacific generation equipment tenders activity up 50% in May 2022

By Carmen

There were 36 generation equipment tenders announced in the Asia-Pacific region in May 2022, marking a rise of 50% over the last 12-month average of 24, 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 May 2022 with 71 tenders and a 47% share, followed by Generation Equipment with 36 tenders and a 23.8% share and T&D Project with 34 tenders and a 22.5% share during the month.

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

  1. Supply & Erection: 32 tenders and an 88.9% share
  2. Repair, Maintenance, Upgrade & Others: four tenders and an 11.1% share.

Thermal is top technology for Asia-Pacific generation equipment tenders in May 2022

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 36 tenders with a 100% 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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