Asia-Pacific generation equipment tenders activity down 15% in February 2020

18 March 2020 (Last Updated March 18th, 2020 05:51)

Asia-Pacific generation equipment tenders activity down 15% in February 2020

There were 79 generation equipment tenders announced in the Asia-Pacific region in February 2020, marking a drop of 15% over the last 12-month average of 93, according to GlobalData’s power industry tenders database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in February 2020 with 262 tenders and a 50.3% share, followed by T&D Equipment with 103 tenders and a 19.8% share and Generation Equipment with 79 tenders and a 15.2% share during the month.

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

  1. Supply & Erection: 61 tenders and a 77.2% share
  2. Repair, Maintenance, Upgrade & Others: 18 tenders and a 22.8% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 73 tenders with a 92.4% share, followed by solar with four tenders and a 5.1% share and hydro with two tenders and a 2.5% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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.