There were 44 power plant contracts announced in the Asia-Pacific region in July 2022, marking a drop of 20% over the last 12-month average of 55, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in July 2022 with 44 contracts and a 41.5% share, followed by T&D Project with 37 contracts and a 34.9% share and Generation Equipment with ten contracts and a 9.4% share during the month.

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

  1. Project Implementation: 39 contracts and an 88.6% share
  2. Consulting & Similar Services: four contracts and a 9.1% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 2.3% share.

Solar is top technology for Asia-Pacific power plant contracts in July 2022

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Looking at power plant contracts by the type of technology in the Asia-Pacific region, solar accounted for 28 contracts with a 63.6% share, followed by wind with ten contracts and a 22.7% share and thermal with four contracts and a 9.1% share.

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Asia-Pacific power plant contracts in July 2022: Top companies by capacity

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

  1. Government Of Rajasthan (India): 10,000MW from one contract
  2. Xinjiang Yecheng: 2,000MW from one contract
  3. Shenzhen Energy Group (China): 1,800MW capacity from one contract.

Asia-Pacific power plant contracts in July 2022: Top winners by capacity

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

  1. NTPC Renewable Energy (India): 10,000MW from one contract
  2. China Energy Engineering (China): 2,646MW from 19 contracts
  3. Shandong Yijian Construction (China): 2,500MW capacity from two contracts.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.