Asia-Pacific generation equipment tenders activity down 37% in April 2020

There were 54 generation equipment tenders announced in the Asia-Pacific region in April 2020, marking a drop of 37% over the last 12-month average of 86, 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 April 2020 with 159 tenders and a 42.9% share, followed by T&D Equipment with 110 tenders and a 29.6% share and Generation Equipment with 54 tenders and a 14.6% share during the month.

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

1. Supply & Erection: 33 tenders and a 61.1% share
2. Repair, Maintenance, Upgrade & Others: 20 tenders and a 37% share
3. Consulting & Similar Services: one tender and a 1.9% share.

Thermal is top technology for Asia-Pacific generation equipment tenders in April 2020

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 46 tenders with an 85.2% share, followed by solar with five tenders and a 9.3% share and hydro with two tenders and a 3.7% 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.