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  1. Market Data
April 11, 2022

Power industry tenders in Asia-Pacific for Q1 2022 down 69%

By Carmen

Asia-Pacific power industry tenders activity in Q1 2022 saw 159 tenders announced, marking a drop of 69% over the last four-quarter average of 516, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q1 2022: Pakistan leads activity

Looking at tenders by country, Pakistan led the activity in Q1 2022 with 49 tenders and a share of 30.8%, up 8% over the previous quarter and down 59% when compared with the last four-quarter average, followed by Bangladesh with 43 tenders and a share of 27% and Sri Lanka with 30 tenders and a share of 18.9% during the quarter.

Looking at the last four-quarter average, Pakistan held the top spot with 119 tenders, followed by India with 95 and the Philippines with 75 tenders.

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Solar is top technology area for tenders in Q1 2022

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 25 tenders and a 71.4% share, followed by thermal with six tenders and a 17.1% share and hydro with two tenders and a 5.7% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in Asia-Pacific power tenders activity during Q1 2022, with 79 tenders, followed by T&D Project (36) and Power Plant (23).

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

  1. Supply & Erection: 96 tenders and a 60.4% share
  2. Project Implementation: 54 tenders and a 34% share
  3. Consulting & Similar Services: four tenders and a 2.5% share
  4. Repair, Maintenance, Upgrade & Others: three tenders and a 1.9% share
  5. Electricity Supply: two tenders and a 1.3% share.

Power tenders in Q1 2022: Top companies by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. Philippines Department of Energy (Philippines) and Rajasthan Rajya Vidyut Utpadan Nigam: 2,000MW from one tender
  2. Gujarat Urja Vikas Nigam (India) and NTPC Renewable Energy (India): 500MW from one tender
  3. Germany Trade And Invest (Germany): 117.38MW 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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