Asia-Pacific power plant tenders activity down 31% in January 2020

There were 62 power plant tenders announced in the Asia-Pacific region in January 2020, marking a drop of 31% over the last 12-month average of 90, according to GlobalData’s power industry tenders database.

T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in January 2020 with 238 tenders and a 52.1% share, followed by T&D Equipment with 104 tenders and a 22.8% share and Power Plant with 62 tenders and a 13.6% share during the month.

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

1. Project Implementation: 43 tenders and a 69.4% share
2. Repair, Maintenance, Upgrade & Others: 13 tenders and a 21% share
3. Consulting & Similar Services: six tenders and a 9.7% share.

Solar is top technology for Asia-Pacific power plant tenders in January 2020

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 50 tenders with an 82% share, followed by thermal with four tenders and a 6.6% share and hydro with four tenders and a 6.6% share.

Asia-Pacific power plant tenders in January 2020: Top companies by capacity

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

1. Ministry of Economic Affairs (Taiwan) (Taiwan): 10,000MW from one tender
2. Solar Energy Corporation of India (India): 2,418MW from four tenders
3. Bangladesh Power Development Board (Bangladesh): 400MW capacity from one tender.

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.