There were 43 power plant contracts announced in the Asia-Pacific region in January 2021, marking a rise of 10% over the last 12-month average of 39, 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 January 2021 with 43 contracts and a 48.9% share, followed by Generation Equipment with 26 contracts and a 29.5% share and Electricity Procurement with 11 contracts and a 12.5% share during the month.

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

  1. Project Implementation: 30 contracts and a 69.8% share
  2. Consulting & Similar Services: seven contracts and a 16.3% share
  3. Power Purchase Agreement: four contracts and a 9.3% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 4.7% share.

Solar is top technology for Asia-Pacific power plant contracts in January 2021

Looking at power plant contracts by the type of technology in the Asia-Pacific region, solar accounted for 21 contracts with a 47.7% share, followed by thermal with ten contracts and a 22.7% share and wind with nine contracts and a 20.5% share.

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Asia-Pacific power plant contracts in January 2021: Top issuers by capacity

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

  1. Gansu Province Electric Power Investment Group (China): 2,000MW from one contract
  2. Government of Nepal (Nepal): 679MW from one contract
  3. Ministry of Energy of the Republic of Uzbekistan (Uzbekistan): 470MW capacity from one contract.

Asia-Pacific power plant contracts in January 2021: 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 Group Planning and Engineering (China): 3,685MW from seven contracts
  2. China Gezhouba Group (China): 1,500MW from one contract
  3. Southwest Electric Power Design Institute (China): 1,320MW 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.