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July 14, 2022

Power industry tenders in Asia-Pacific for Q2 2022 down 22%

By Carmen

Asia-Pacific power industry tenders activity in Q2 2022 saw 339 tenders announced, marking a drop of 22% over the last four-quarter average of 433, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q2 2022: The Philippines leads activity

Looking at tenders by country, the Philippines led the activity in Q2 2022 with 146 tenders and a share of 43.1%, up 41.4% over the previous quarter and up 106% when compared with the last four-quarter average, followed by Pakistan with 60 tenders and a share of 17.7% and Nepal with 42 tenders and a share of 12.4% during the quarter.

Looking at the last four-quarter average, Pakistan held the top spot with 108 tenders, followed by the Philippines with 71 and India with 55 tenders.

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Thermal is top technology area for tenders in Q2 2022

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 89 tenders and a 78.1% share, followed by solar with 23 tenders and a 20.2% share and wind with two tenders and a 1.8% 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 Q2 2022, with 184 tenders, followed by Generation Equipment (86) and T&D Project (55).

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

  1. Supply & Erection: 239 tenders and a 70.5% share
  2. Project Implementation: 72 tenders and a 21.2% share
  3. Repair, Maintenance, Upgrade & Others: 22 tenders and a 6.5% share
  4. Consulting & Similar Services: five tenders and a 1.5% share
  5. Power Purchase Agreement: one tender and a 0.3% share.

Power tenders in Q2 2022: Top companies by capacity

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

  1. NTPC Renewable Energy (India): 1,255MW from one tender
  2. Manila Electric (Philippines): 850MW from one tender
  3. Germany Trade And Invest (Germany): 214.95MW capacity from four 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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