Asia-Pacific power industry tenders activity in March 2021 saw 101 tenders announced, marking a drop of 72% over the last 12-month average of 364, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in March 2021 with 31 tenders and a share of 30.7%, up 12.3% over the previous month and down 86% when compared with the last 12 month-average, followed by Pakistan with 27 tenders and a share of 26.7% and Sri Lanka with eight tenders and a share of 7.9% during the month.

Looking at the last 12-month average, India held the top spot with 216 tenders, followed by Bangladesh with 31 and Pakistan with 29 tenders.

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Solar is top technology area for tenders in March 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 34 tenders and a 77.3% share, followed by thermal with seven tenders and a 15.9% share and hydro with two tenders and a 4.5% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, Power Plant was the most popular segment in March 2021, with 37 tenders, followed by T&D Equipment (30) and T&D Project (19).

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

  1. Project Implementation: 50 tenders and a 49.5% share
  2. Supply & Erection: 42 tenders and a 41.6% share
  3. Consulting & Similar Services: six tenders and a 5.9% share
  4. Repair, Maintenance, Upgrade & Others: two tenders and a 2% share
  5. Electricity Supply: one tender and a 1% share.

Power tenders in March 2021: Top issuers by capacity

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

  1. Telecommunications Consultants India (India): 5,000MW from one tender
  2. Solar Energy Corporation of India: 1,785MW from one tender
  3. Gujarat Urja Vikas Nigam (India): 800MW 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.