There were 40 power plant tenders announced in the Asia-Pacific region in April 2021, marking a drop of 40% over the last 12-month average of 67, according to GlobalData’s power industry tenders database.
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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in April 2021 with 45 tenders and a 34.1% share, followed by Power Plant with 40 tenders and a 30.3% share and T&D Project with 20 tenders and a 15.2% share during the month.
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Project Implementation: 30 tenders and a 75% share
- Consulting & Similar Services: five tenders and a 12.5% share
- Repair, Maintenance, Upgrade & Others: four tenders and a 10% share
- Supply & Erection: one tender and a 2.5% share.
Solar is top technology for Asia-Pacific power plant tenders in April 2021
Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 36 tenders with an 81.8% share, followed by wind with four tenders and a 9.1% share and hydro with two tenders and a 4.5% share.
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Asia-Pacific power plant tenders in April 2021: Top issuers by capacity
The top issuers of power plant tenders for the month in terms of power capacity involved in Asia-Pacific were:
- Solar Energy Corporation of India (India): 2,400MW from two tenders
- NTPC (India): 1,600MW from two tenders
- Gujarat State Electricity (India): 312MW capacity from two tenders.
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.
