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April 8, 2022

Power industry tenders in Asia-Pacific for March 2022 down 78%

By Carmen

Asia-Pacific power industry tenders activity in March 2022 saw 33 tenders announced, marking a drop of 78% over the last 12-month average of 151, according to GlobalData’s power database.

 
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Asia-Pacific power industry tenders in March 2022: Bangladesh leads activity

 

Looking at tenders by country, Bangladesh led the activity in March 2022 with 12 tenders and a share of 36.4%, down 1.1% over the previous month and down 20% when compared with the last 12 month-average, followed by Sri Lanka with 12 tenders and a share of 36.4% and Pakistan with seven tenders and a share of 21.2% during the month.

Looking at the last 12-month average, Pakistan held the top spot with 38 tenders, followed by the Philippines with 23 and India with 21 tenders.

 
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Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Equipment was the most popular segment in March 2022, with 26 tenders, followed by Smart Grid (4) and T&D Project (3).

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

  1. Supply & Erection: 30 tenders and a 90.9% share
  2. Project Implementation: two tenders and a 6.1% share
  3. Repair, Maintenance, Upgrade & Others: one tender and a 3% share.

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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