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November 12, 2021

Asia-Pacific power plant tenders activity down 53% in October 2021

There were 24 power plant tenders announced in the Asia-Pacific region in October 2021, marking a drop of 53% over the last 12-month average of 51, 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 October 2021 with 42 tenders and a 32.8% share, followed by Generation Equipment with 25 tenders and a 19.5% share and Power Plant with 24 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: 20 tenders and an 83.3% share
  2. Consulting & Similar Services: four tenders and a 16.7% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 22 tenders with an 81.5% share, followed by wind with three tenders and an 11.1% share and biopower with one tender and a 3.7% share.

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Asia-Pacific power plant tenders in October 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. Solar Energy Corporation of India (India): 2,400MW from two tenders
  2. Rewa Ultra Mega Solar (India): 950MW from one tender
  3. Singareni Collieries (India): 250MW 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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