Asia-Pacific power industry tenders activity in Q3 2019 saw 1,743 tenders announced, marking a drop of 4% over the last four-quarter average of 1,812, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q3 2019: India leads activity

Looking at tenders by country, India led the activity in Q3 2019 with 962 tenders and a share of 55.2%, up 3.8% over the previous quarter and up 5% when compared with the last four-quarter average, followed by Bangladesh with 315 tenders and a share of 18.1% and the Philippines with 230 tenders and a share of 13.2% during the quarter.

Looking at the last four-quarter average, India held the top spot with 918 tenders, followed by Bangladesh with 294 and the Philippines with 248 tenders.

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Thermal is top technology area for tenders in Q3 2019

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 256 tenders and a 46.7% share, followed by solar with 243 tenders and a 44.3% share and hydro with 33 tenders and a 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 Q3 2019, with 895 tenders, followed by T&D Equipment (324) and Generation Equipment (255).

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

  1. Project Implementation: 907 tenders and a 52% share
  2. Supply & Erection: 439 tenders and a 25.2% share
  3. Repair, Maintenance, Upgrade & Others: 363 tenders and a 20.8% share
  4. Consulting & Similar Services: 18 tenders and a 1% share
  5. Electricity Supply: eight tenders and a 0.5% share
  6. Power Purchase Agreement: eight tenders and a 0.5% share.

Power tenders in Q3 2019: 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): 4,272.52MW from six tenders
  2. Manila Electric (Philippines): 2,900MW from three tenders
  3. NTPC (India): 2,590.26MW capacity from eight 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.