Asia-Pacific generation equipment tenders activity down 51% in January 2020

There were 47 generation equipment tenders announced in the Asia-Pacific region in January 2020, marking a drop of 51% over the last 12-month average of 96, 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 January 2020 with 238 tenders and a 52.1% share, followed by T&D Equipment with 104 tenders and a 22.8% share and Power Plant with 62 tenders and a 13.6% share during the month.

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

1. Supply & Erection: 40 tenders and an 85.1% share
2. Repair, Maintenance, Upgrade & Others: seven tenders and a 14.9% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 45 tenders with a 95.7% share, followed by nuclear with one tender and a 2.1% share and solar with one tender and a 2.1% 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.