Asia-Pacific electricity procurement tenders activity up 5% in Q4 2019

There were 23 electricity procurement tenders announced in the Asia-Pacific region in Q4 2019, marking a rise of 5% over the last 12-month average of 22, according to GlobalData’s power industry tenders database.

T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in Q4 2019 with 991 tenders and a 53.3% share, followed by T&D Equipment with 335 tenders and an 18% share and Generation Equipment with 277 tenders and a 14.9% share during the quarter.

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

1. Power Purchase Agreement: ten tenders and a 43.5% share
2. Electricity Supply: seven tenders and a 30.4% share
3. Project Implementation: six tenders and a 26.1% share.

Solar is top technology for Asia-Pacific electricity procurement tenders in Q4 2019

Looking at electricity procurement tenders by the type of technology in the Asia-Pacific region, solar accounted for 13 tenders with a 56.5% share, followed by thermal with five tenders and a 21.7% share and wind with three tenders and a 13% share.

Asia-Pacific electricity procurement tenders in Q4 2019: Top companies by capacity

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

1. Maharashtra State Electricity Distribution (India): 550MW from two tenders
2. Solar Energy Corporation of India (India): 400MW from one tender
3. Bihar Renewable Energy Development Agency (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.