Asia-Pacific power industry tenders activity in Q4 2020 saw 974 tenders announced, marking a drop of 35% over the last four-quarter average of 1,491, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q4 2020: India leads activity

Looking at tenders by country, India led the activity in Q4 2020 with 603 tenders and a share of 61.9%, up 1.9% over the previous quarter and down 32% when compared with the last four-quarter average, followed by the Philippines with 85 tenders and a share of 8.7% and Pakistan with 62 tenders and a share of 6.4% during the quarter.

Looking at the last four-quarter average, India held the top spot with 887 tenders, followed by the Philippines with 184 and Bangladesh with 168 tenders.

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Solar is top technology area for tenders in Q4 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 205 tenders and a 56% share, followed by thermal with 117 tenders and a 32% share and hydro with 30 tenders and an 8.2% 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 Q4 2020, with 371 tenders, followed by T&D Project (278) and Power Plant (208).

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

  1. Supply & Erection: 397 tenders and a 40.8% share
  2. Project Implementation: 345 tenders and a 35.4% share
  3. Repair, Maintenance, Upgrade & Others: 196 tenders and a 20.1% share
  4. Consulting & Similar Services: 33 tenders and a 3.4% share
  5. Electricity Supply: one tender and a 0.1% share
  6. Others: one tender and a 0.1% share
  7. Power Purchase Agreement: one tender and a 0.1% share.

Power tenders in Q4 2020: Top issuers by capacity

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

  1. Andhra Pradesh Green Energy: 8,500MW from one tender
  2. Solar Energy Corporation of India (India): 1,220MW from two tenders
  3. Bangalore Electricity Supply (India): 1,060MW 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.