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July 9, 2021

Asia-Pacific power plant tenders activity down 50% in June 2021

By Amit Sharma

There were 33 power plant tenders announced in the Asia-Pacific region in June 2021, marking a drop of 50% over the last 12-month average of 66, 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 June 2021 with 53 tenders and a 32.1% share, followed by T&D Project with 34 tenders and a 20.6% share and Power Plant with 33 tenders and a 20% share during the month.

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

  1. Project Implementation: 29 tenders and an 87.9% share
  2. Repair, Maintenance, Upgrade & Others: three tenders and a 9.1% share
  3. Consulting & Similar Services: one tender and a 3% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 31 tenders with an 83.8% share, followed by thermal with two tenders and a 5.4% share and wind with two tenders and a 5.4% share.

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Asia-Pacific power plant tenders in June 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. Gujarat Industries Power (India): 2,375MW from one tender
  2. Railway Energy Management (India): 755MW from two tenders
  3. Maharashtra State Electricity Distribution (India): 500MW 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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