Asia-Pacific power industry tenders activity in Q2 2020 saw 1,284 tenders announced, marking a drop of 28% over the last four-quarter average of 1,777, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q2 2020: India leads activity

Looking at tenders by country, India led the activity in Q2 2020 with 871 tenders and a share of 67.8%, up 13.7% over the previous quarter and down 10% when compared with the last four-quarter average, followed by Bangladesh with 126 tenders and a share of 9.8% and the Philippines with 92 tenders and a share of 7.2% during the quarter.

Looking at the last four-quarter average, India held the top spot with 970 tenders, followed by Bangladesh with 272 and the Philippines with 271 tenders.

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Solar is top technology area for tenders in Q2 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 172 tenders and a 47.6% share, followed by thermal with 142 tenders and a 39.3% share and hydro with 36 tenders and a 10% 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 Q2 2020, with 593 tenders, followed by T&D Equipment (365) and Power Plant (177).

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

  1. Project Implementation: 553 tenders and a 43.1% share
  2. Supply & Erection: 379 tenders and a 29.5% share
  3. Repair, Maintenance, Upgrade & Others: 327 tenders and a 25.5% share
  4. Consulting & Similar Services: 17 tenders and a 1.3% share
  5. Electricity Supply: six tenders and a 0.5% share
  6. Power Purchase Agreement: two tenders and a 0.2% share.

Power tenders in Q2 2020: Top issuers by capacity

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

  1. Ministry of New and Renewable Energy, India (India): 10,000MW from one tender
  2. NHPC (India): 2,930MW from two tenders
  3. Solar Energy Corporation of India (India): 2,525MW capacity from three 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.