Asia-Pacific power industry tenders activity in Q1 2020 saw 1,448 tenders announced, marking a drop of 24% over the last four-quarter average of 1,895, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q1 2020: India leads activity

Looking at tenders by country, India led the activity in Q1 2020 with 799 tenders and a share of 55.2%, down 2.9% over the previous quarter and down 22% when compared with the last four-quarter average, followed by the Philippines with 272 tenders and a share of 18.8% and Bangladesh with 228 tenders and a share of 15.7% during the quarter.

Looking at the last four-quarter average, India held the top spot with 1,030 tenders, followed by Bangladesh with 279 and the Philippines with 262 tenders.

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Thermal is top technology area for tenders in Q1 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 196 tenders and a 47% share, followed by solar with 190 tenders and a 45.6% share and hydro with 19 tenders and a 4.6% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment in Asia-Pacific power tenders activity during Q1 2020, with 737 tenders, followed by T&D Equipment (335) and Power Plant (193).

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

  1. Project Implementation: 766 tenders and a 52.9% share
  2. Supply & Erection: 431 tenders and a 29.8% share
  3. Repair, Maintenance, Upgrade & Others: 224 tenders and a 15.5% share
  4. Consulting & Similar Services: 17 tenders and a 1.2% share
  5. Electricity Supply: six tenders and a 0.4% share
  6. Power Purchase Agreement: four tenders and a 0.3% share.

Power tenders in Q1 2020: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 11,484MW from nine tenders
  2. Ministry of Economic Affairs (Taiwan) (Taiwan): 10,000MW from one tender
  3. Gujarat Urja Vikas Nigam (India): 3,700MW capacity from four 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.