There were 45 power plant tenders announced in the Asia-Pacific region in February 2021, marking a drop of 36% over the last 12-month average of 70, 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 February 2021 with 53 tenders and a 37.3% share, followed by Power Plant with 45 tenders and a 31.7% share and T&D Project with 26 tenders and an 18.3% share during the month.
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Project Implementation: 39 tenders and an 86.7% share
- Repair, Maintenance, Upgrade & Others: four tenders and an 8.9% share
- Consulting & Similar Services: two tenders and a 4.4% share.
Solar is top technology for Asia-Pacific power plant tenders in February 2021
Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 42 tenders with a 93.3% share, followed by biopower with one tender and a 2.2% share and geothermal with one tender and a 2.2% share.
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Asia-Pacific power plant tenders in February 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): 1,885MW from two tenders
- Tamil Nadu Generation and Distribution (India): 501MW from two tenders
- Energy Efficiency Services (India): 449MW capacity from three 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.
