There were 39 power plant contracts announced in the Asia-Pacific region in June 2022, marking a drop of 28% over the last 12-month average of 54, 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 June 2022 with 39 contracts and a 45.3% share, followed by T&D Project with 19 contracts and a 22.1% share and Electricity Procurement with 14 contracts and a 16.3% share during the month.

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

  1. Project Implementation: 23 contracts and a 59% share
  2. Consulting & Similar Services: nine contracts and a 23.1% share
  3. Power Purchase Agreement: seven contracts and a 17.9% share.

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

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Looking at power plant contracts by the type of technology in the Asia-Pacific region, solar accounted for 26 contracts with a 65% share, followed by wind with six contracts and a 15% share and hydro with four contracts and a 10% share.

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Asia-Pacific power plant contracts in June 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. Sichuan Investment Group: 1,400MW from one contract
  2. NHPC (India): 700MW from two contracts
  3. Ceylon Electricity Board (Sri Lanka): 500MW capacity from one contract.

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

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

  1. China Energy Engineering (China): 1,636MW from five contracts
  2. Shandong Yijian Construction (China): 630MW from four contracts
  3. Adani Infrastructure (India): 600MW capacity from one contract.

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.