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October 26, 2021

Asia-Pacific power plant tenders activity down 20% in September 2021

There were 44 power plant tenders announced in the Asia-Pacific region in September 2021, marking a drop of 20% over the last 12-month average of 55, 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 2021 with 72 tenders and a 38.7% share, followed by Power Plant with 44 tenders and a 23.7% share and T&D Project with 35 tenders and an 18.8% share during the month.

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

  1. Project Implementation: 36 tenders and an 81.8% share
  2. Consulting & Similar Services: six tenders and a 13.6% share
  3. Repair, Maintenance, Upgrade & Others: two tenders and a 4.5% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 34 tenders with a 77.3% share, followed by hydro with four tenders and a 9.1% share and wind with three tenders and a 6.8% share.

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Asia-Pacific power plant tenders in September 2021: 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. NHPC (India): 1,045MW from two tenders
  2. NTPC (India) and Ministry of Energy, Uzbekistan: 300MW from one tender
  3. Gujarat State Electricity (India): 135MW capacity from two tenders.

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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