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October 23, 2020

Power industry tenders in Asia-Pacific for September 2020 down 21%

Asia-Pacific power industry tenders activity in September 2020 saw 396 tenders announced, marking a drop of 21% over the last 12-month average of 501, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in September 2020 with 254 tenders and a share of 64.1%, up 7.3% over the previous month and down 14% when compared with the last 12 month-average, followed by Pakistan with 41 tenders and a share of 10.4% and the Philippines with 27 tenders and a share of 6.8% during the month.

Looking at the last 12-month average, India held the top spot with 297 tenders, followed by the Philippines with 64 and Bangladesh with 60 tenders.

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Solar is top technology area for tenders in September 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 89 tenders and a 60.5% share, followed by thermal with 36 tenders and a 24.5% share and hydro with nine tenders and a 6.1% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Equipment was the most popular segment in September 2020, with 160 tenders, followed by T&D Project (108) and Power Plant (87).

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

  1. Supply & Erection: 152 tenders and a 38.4% share
  2. Project Implementation: 131 tenders and a 33.1% share
  3. Repair, Maintenance, Upgrade & Others: 85 tenders and a 21.5% share
  4. Consulting & Similar Services: 23 tenders and a 5.8% share
  5. Power Purchase Agreement: three tenders and a 0.8% share
  6. Electricity Supply: two tenders and a 0.5% share.

Power tenders in September 2020: Top issuers by capacity

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

  1. Gujarat Urja Vikas Nigam (India) and IFC Advisory: 500MW from one tender
  2. Gujarat State Electricity (India): 210MW from one tender
  3. Kerala State Electricity Board (India) and Maharashtra State Electricity Distribution (India): 200MW 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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