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  1. Market Data
February 22, 2021

Asia-Pacific power plant tenders activity down 46% in January 2021

By Amit Sharma

There were 39 power plant tenders announced in the Asia-Pacific region in January 2021, marking a drop of 46% over the last 12-month average of 72, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in January 2021 with 63 tenders and a 31.8% share, followed by T&D Equipment with 59 tenders and a 29.8% share and Power Plant with 39 tenders and a 19.7% share during the month.

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

  1. Project Implementation: 35 tenders and an 89.7% share
  2. Consulting & Similar Services: four tenders and a 10.3% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 35 tenders with an 89.7% share, followed by geothermal with two tenders and a 5.1% share and hydro with one tender and a 2.6% share.

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Asia-Pacific power plant tenders in January 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:

  1. Bundelkhand Saur Urja (India): 1,200MW from one tender
  2. NTPC (India): 490.25MW from three tenders
  3. Mahagenco (India): 250MW 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.

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