Asia-Pacific power industry tenders activity in Q4 2019 saw 1,838 tenders announced, marking a flat growth over the last four-quarter average of 1,843, according to GlobalData’s power database.
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Asia-Pacific power industry tenders in Q4 2019: India leads activity
Looking at tenders by country, India led the activity in Q4 2019 with 1,078 tenders and a share of 58.7%, up 4.2% over the previous quarter and up 12% when compared with the last four-quarter average, followed by the Philippines with 309 tenders and a share of 16.8% and Bangladesh with 184 tenders and a share of 10% during the quarter.
Looking at the last four-quarter average, India held the top spot with 961 tenders, followed by Bangladesh with 303 and the Philippines with 247 tenders.
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Thermal is top technology area for tenders in Q4 2019
Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 282 tenders and a 53.3% share, followed by solar with 191 tenders and a 36.1% share and hydro with 42 tenders and a 7.9% 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 Q4 2019, with 991 tenders, followed by T&D Equipment (335) and Generation Equipment (277).
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Project Implementation: 919 tenders and a 50% share
- Supply & Erection: 515 tenders and a 28% share
- Repair, Maintenance, Upgrade & Others: 358 tenders and a 19.5% share
- Consulting & Similar Services: 29 tenders and a 1.6% share
- Power Purchase Agreement: ten tenders and a 0.5% share
- Electricity Supply: seven tenders and a 0.4% share.
Power tenders in Q4 2019: Top companies by capacity
The top issuers of tenders for the quarter in terms of power capacity involved in Asia-Pacific were:
- Solar Energy Corporation of India (India): 3,000MW from four tenders
- NTPC (India): 2,614.16MW from ten tenders
- JSC Uzbekenergo (Uzbekistan): 900MW 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.