Asia-Pacific power plant tenders activity down 7% in Q4 2020

There were 208 power plant tenders announced in the Asia-Pacific region in Q4 2020, marking a drop of 7% over the last four-quarter average of 223, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in Q4 2020 with 371 tenders and a 37.2% share, followed by T&D Project with 278 tenders and a 27.9% share and Power Plant with 208 tenders and a 20.9% share during the quarter.

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

1. Project Implementation: 168 tenders and an 80.8% share
2. Consulting & Similar Services: 21 tenders and a 10.1% share
3. Repair, Maintenance, Upgrade & Others: 18 tenders and an 8.7% share
4. Others: one tender and a 0.5% share.

Solar is top technology for Asia-Pacific power plant tenders in Q4 2020

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 178 tenders with an 84.4% share, followed by hydro with 18 tenders and an 8.5% share and wind with five tenders and a 2.4% share.

Asia-Pacific power plant tenders in Q4 2020: Top issuers by capacity

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

1. Andhra Pradesh Green Energy: 8,500MW from one tender
2. Solar Energy Corporation of India (India): 1,220MW from two tenders
3. Bangalore Electricity Supply (India): 1,060MW 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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