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October 11, 2019

Power industry tenders in Asia-Pacific for September 2019 down 31%

Asia-Pacific power industry tenders activity in September 2019 saw 425 tenders announced, marking a drop of 31% over the last 12-month average of 620, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in September 2019 with 254 tenders and a share of 59.8%, up 9.8% over the previous month and down 21% when compared with the last 12 month-average, followed by the Philippines with 59 tenders and a share of 13.9% and Bangladesh with 55 tenders and a share of 12.9% during the month.

Looking at the last 12-month average, India held the top spot with 321 tenders, followed by Bangladesh with 101 and the Philippines with 83 tenders.

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Thermal is top technology area for tenders in September 2019

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 69 tenders and a 51.9% share, followed by solar with 51 tenders and a 38.3% share and hydro with nine tenders and a 6.8% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Project was the most popular segment in September 2019, with 222 tenders, followed by T&D Equipment (79) and Generation Equipment (65).

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

  1. Project Implementation: 214 tenders and a 50.4% share
  2. Supply & Erection: 113 tenders and a 26.6% share
  3. Repair, Maintenance, Upgrade & Others: 89 tenders and a 20.9% share
  4. Consulting & Similar Services: five tenders and a 1.2% share
  5. Electricity Supply: three tenders and a 0.7% share
  6. Power Purchase Agreement: one tender and a 0.2% share.

Power tenders in September 2019: Top companies by capacity

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

  1. NHPC (India): 2,000MW from one tender
  2. Solar Energy Corporation of India (India): 1,200MW from one tender
  3. Uttar Pradesh New and Renewable Energy Development Agency (India): 500MW 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.

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