Asia-Pacific power plant tenders activity down 48% in November 2021

There were 24 power plant tenders announced in the Asia-Pacific region in November 2021, marking a drop of 48% over the last 12-month average of 46, 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 November 2021 with 46 tenders and a 36.5% share, followed by Generation Equipment with 27 tenders and a 21.4% share and Power Plant with 24 tenders and a 19% share during the month.

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

1. Project Implementation: 15 tenders and a 62.5% share
2. Repair, Maintenance, Upgrade & Others: five tenders and a 20.8% share
3. Consulting & Similar Services: four tenders and a 16.7% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 18 tenders with a 75% share, followed by thermal with two tenders and an 8.3% share and biopower with two tenders and an 8.3% share.

Asia-Pacific power plant tenders in November 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. Rewa Ultra Mega Solar (India): 600MW from one tender
2. Bangladesh Power Development Board (Bangladesh): 400MW from one tender
3. Kerala State Electricity Board (India) and NTPC Vidyut Vyapar Nigam (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.