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June 16, 2021

Power industry tenders in Asia-Pacific for May 2021 down 60%

By Amit Sharma

Asia-Pacific power industry tenders activity in May 2021 saw 126 tenders announced, marking a drop of 60% over the last 12-month average of 318, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in May 2021: The Philippines leads activity

Looking at tenders by country, the Philippines led the activity in May 2021 with 39 tenders and a share of 31%, up 30.4% over the previous month and up 105% when compared with the last 12 month-average, followed by Pakistan with 28 tenders and a share of 22.2% and Nepal with 11 tenders and a share of 8.7% during the month.

Looking at the last 12-month average, India held the top spot with 179 tenders, followed by Pakistan with 33 and Bangladesh with 22 tenders.

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Thermal is top technology area for tenders in May 2021

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 36 tenders and a 57.1% share, followed by solar with 19 tenders and a 30.2% share and hydro with four tenders and a 6.3% 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 May 2021, with 39 tenders, followed by Generation Equipment (37) and T&D Project (33).

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

  1. Project Implementation: 46 tenders and a 36.5% share
  2. Supply & Erection: 39 tenders and a 31% share
  3. Repair, Maintenance, Upgrade & Others: 38 tenders and a 30.2% share
  4. Electricity Supply: two tenders and a 1.6% share
  5. Consulting & Similar Services: one tender and a 0.8% share.

Power tenders in May 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): 1,200MW from one tender
  2. Maharashtra State Electricity Distribution (India): 1,000MW from two tenders
  3. Electricity Generating Authority of Thailand (Thailand): 700MW capacity from one tender.

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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