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November 18, 2019

Power industry tenders in Asia-Pacific for October 2019 down 5%

Asia-Pacific power industry tenders activity in October 2019 saw 584 tenders announced, marking a drop of 5% over the last 12-month average of 614, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in October 2019: India leads activity

Looking at tenders by country, India led the activity in October 2019 with 316 tenders and a share of 54.1%, down 2.6% over the previous month and down 1% when compared with the last 12 month-average, followed by the Philippines with 99 tenders and a share of 17% and Bangladesh with 68 tenders and a share of 11.6% during the month.

Looking at the last 12-month average, India held the top spot with 320 tenders, followed by Bangladesh with 101 and the Philippines with 82 tenders.

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Thermal is top technology area for tenders in October 2019

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 87 tenders and a 51.8% share, followed by solar with 63 tenders and a 37.5% share and hydro with 16 tenders and a 9.5% 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 October 2019, with 302 tenders, followed by T&D Equipment (113) and Generation Equipment (99).

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

  1. Project Implementation: 300 tenders and a 51.4% share
  2. Supply & Erection: 195 tenders and a 33.4% share
  3. Repair, Maintenance, Upgrade & Others: 78 tenders and a 13.4% share
  4. Power Purchase Agreement: five tenders and a 0.9% share
  5. Consulting & Similar Services: three tenders and a 0.5% share
  6. Electricity Supply: three tenders and a 0.5% share.

Power tenders in October 2019: Top companies by capacity

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

  1. NTPC (India): 1,090.29MW from two tenders
  2. Solar Energy Corporation of India (India): 600MW from two tenders
  3. Rajasthan Electronics & Instruments (India), Rajasthan Renewable Energy (India), Bharat Heavy Electricals (India) and Maharashtra State Electricity Distribution (India): 50MW 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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