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October 28, 2020

Asia-Pacific power plant tenders activity up 21% in September 2020

There were 87 power plant tenders announced in the Asia-Pacific region in September 2020, marking a rise of 21% over the last 12-month average of 72, 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 September 2020 with 160 tenders and a 38.8% share, followed by T&D Project with 108 tenders and a 26.2% share and Power Plant with 87 tenders and a 21.1% share during the month.

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

  1. Project Implementation: 72 tenders and an 82.8% share
  2. Consulting & Similar Services: ten tenders and an 11.5% share
  3. Repair, Maintenance, Upgrade & Others: five tenders and a 5.7% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 78 tenders with an 87.6% share, followed by hydro with six tenders and a 6.7% share and wind with four tenders and a 4.5% share.

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Asia-Pacific power plant tenders in September 2020: 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. IFC Advisory: 500MW from one tender
  2. Gujarat State Electricity (India): 210MW from one tender
  3. Bangladesh Power Development Board (Bangladesh), Ministry of Energy, Uzbekistan, Ministry of Investments and Foreign Trade, Public – Private Partnership Development Agency under the Ministry of Finance (PPPDA) and Solar Energy Corporation of India (India): 100MW 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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