Asia-Pacific power industry tenders activity in Q1 2021 saw 465 tenders announced, marking a drop of 63% over the last four-quarter average of 1,269, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q1 2021: India leads activity

Looking at tenders by country, India led the activity in Q1 2021 with 164 tenders and a share of 35.3%, down 24.7% over the previous quarter and down 79% when compared with the last four-quarter average, followed by Pakistan with 84 tenders and a share of 18.1% and Bangladesh with 45 tenders and a share of 9.7% during the quarter.

Looking at the last four-quarter average, India held the top spot with 763 tenders, followed by the Philippines with 128 and Bangladesh with 127 tenders.

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Solar is top technology area for tenders in Q1 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 132 tenders and a 70.2% share, followed by thermal with 35 tenders and an 18.6% share and hydro with nine tenders and a 4.8% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in Asia-Pacific power tenders activity during Q1 2021, with 152 tenders, followed by Power Plant (129) and T&D Project (126).

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

  1. Project Implementation: 204 tenders and a 43.9% share
  2. Supply & Erection: 159 tenders and a 34.2% share
  3. Repair, Maintenance, Upgrade & Others: 83 tenders and a 17.8% share
  4. Consulting & Similar Services: 16 tenders and a 3.4% share
  5. Power Purchase Agreement: two tenders and a 0.4% share
  6. Electricity Supply: one tender and a 0.2% share.

Power tenders in Q1 2021: Top issuers by capacity

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

  1. Indian Renewable Energy Development Agency (India) and Telecommunications Consultants India (India): 5,000MW from one tender
  2. Solar Energy Corporation of India (India): 1,960MW from four tenders
  3. Solar Energy Corporation of India: 1,785MW 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.