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February 9, 2021

Power industry tenders in Asia-Pacific for January 2021 down 55%

By Amit Sharma

Asia-Pacific power industry tenders activity in January 2021 saw 188 tenders announced, marking a drop of 55% over the last 12-month average of 421, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in January 2021 with 102 tenders and a share of 54.3%, down 6.3% over the previous month and down 60% when compared with the last 12 month-average, followed by Pakistan with 19 tenders and a share of 10.1% and Nepal with 17 tenders and a share of 9% during the month.

Looking at the last 12-month average, India held the top spot with 253 tenders, followed by Bangladesh with 42 and the Philippines with 42 tenders.

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Solar is top technology area for tenders in January 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 47 tenders and a 61% share, followed by thermal with 22 tenders and a 28.6% share and hydro with three tenders and a 3.9% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Project was the most popular segment in January 2021, with 63 tenders, followed by T&D Equipment (59) and Power Plant (39).

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

  1. Project Implementation: 68 tenders and a 36.2% share
  2. Repair, Maintenance, Upgrade & Others: 57 tenders and a 30.3% share
  3. Supply & Erection: 56 tenders and a 29.8% share
  4. Consulting & Similar Services: six tenders and a 3.2% share
  5. Power Purchase Agreement: one tender and a 0.5% share.

Power tenders in January 2021: Top issuers by capacity

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

  1. Bundelkhand Saur Urja (India): 1,200MW from one tender
  2. Gujarat Urja Vikas Nigam (India): 500MW from one tender
  3. NTPC (India): 490.25MW capacity from three 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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