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  1. Market Data
July 19, 2021

Asia-Pacific Hydro technology contracts activity drops 15% in Q2 2021

By Amit Sharma

Asia-Pacific hydro technology contracts in Q2 2021 saw 23 contracts announced, marking a drop of 15% over the last four-quarter average of 27, according to GlobalData’s power industry contracts database.

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The proportion of hydro technology contracts by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection with 13 contracts and a 56.5% share
  2. Consulting & Similar Services: five contracts and a 21.7% share
  3. Project Implementation: five contracts and a 21.7% share.

Vietnam tops Asia-Pacific hydro power contracts activity

Vietnam was the top country in the Asia-Pacific region for hydro technology contracts recorded in Q2 2021 with six contracts and a 26.1% share, followed by China with four contracts and a 17.4% share and India with four contracts and a 17.4% share.

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Asia-Pacific hydro technology contracts in Q2 2021: Top issuers by capacity

The top issuers of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. Pakistan Water and Power Development Authority (Pakistan): 1,530MW from one contract
  2. Vietnam Electricity (Vietnam): 360MW from one contract
  3. Bihar State Hydroelectric Power (India): 130.1MW capacity from one contract.

Asia-Pacific hydro technology contracts in Q2 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. Power Construction Corporation of China (China): 1,530MW from one contract
  2. Song Da (Vietnam), Lilama ten Joint Stock (Vietnam) and Lung Lo Construction (Vietnam): 360MW from one contract
  3. NHPC (India): 130.1MW capacity from one contract.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.

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