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May 17, 2021

Power industry tenders in Asia-Pacific for April 2021 down 64%

By Amit Sharma

Asia-Pacific power industry tenders activity in April 2021 saw 120 tenders announced, marking a drop of 64% over the last 12-month average of 335, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in April 2021: India leads activity

Looking at tenders by country, India led the activity in April 2021 with 29 tenders and a share of 24.2%, a flat growth over the previous month and down 85% when compared with the last 12 month-average, followed by Pakistan with 26 tenders and a share of 21.7% and Nepal with 13 tenders and a share of 10.8% during the month.

Looking at the last 12-month average, India held the top spot with 198 tenders, followed by Pakistan with 31 and Bangladesh with 24 tenders.

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Solar is top technology area for tenders in April 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 39 tenders and a 61.9% share, followed by thermal with 14 tenders and a 22.2% share and wind with five tenders and a 7.9% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Equipment was the most popular segment in April 2021, with 45 tenders, followed by Power Plant (40) and T&D Project (20).

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

  1. Supply & Erection: 53 tenders and a 44.2% share
  2. Project Implementation: 44 tenders and a 36.7% share
  3. Repair, Maintenance, Upgrade & Others: 11 tenders and a 9.2% share
  4. Consulting & Similar Services: nine tenders and a 7.5% share
  5. Power Purchase Agreement: two tenders and a 1.7% share
  6. Electricity Supply: one tender and a 0.8% share.

Power tenders in April 2021: Top issuers by capacity

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

  1. Solar Energy Corporation of India (India): 2,400MW from two tenders
  2. Korea Energy Agency (South Korea): 2,050MW from one tender
  3. NTPC (India): 1,600MW capacity from two tenders.

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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