Asia-Pacific power plant tenders activity down 23% in December 2021

There were 33 power plant tenders announced in the Asia-Pacific region in December 2021, marking a drop of 23% over the last 12-month average of 43, 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 December 2021 with 72 tenders and a 43.6% share, followed by Power Plant with 33 tenders and a 20% share and Generation Equipment with 24 tenders and a 14.5% share during the month.

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

1. Project Implementation: 28 tenders and an 84.8% share
2. Repair, Maintenance, Upgrade & Others: three tenders and a 9.1% share
3. Consulting & Similar Services: two tenders and a 6.1% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 27 tenders with a 77.1% share, followed by hydro with five tenders and a 14.3% share and wind with two tenders and a 5.7% share.

Asia-Pacific power plant tenders in December 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. Greenko MP01 IREP Private: 1,440MW from one tender
2. Ministry of Economy, Trade and Industry, Japan (Japan): 356MW from one tender
3. NTPC (India): 260MW 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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