Asia-Pacific generation equipment tenders activity down 56% in July 2020

18 August 2020 (Last Updated August 18th, 2020 04:44)

Asia-Pacific generation equipment tenders activity down 56% in July 2020

There were 32 generation equipment tenders announced in the Asia-Pacific region in July 2020, marking a drop of 56% over the last 12-month average of 72, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in July 2020 with 148 tenders and a 35.6% share, followed by T&D Equipment with 134 tenders and a 32.2% share and Power Plant with 91 tenders and a 21.9% share during the month.

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

  1. Supply & Erection: 18 tenders and a 56.3% share
  2. Repair, Maintenance, Upgrade & Others: 13 tenders and a 40.6% share
  3. Consulting & Similar Services: one tender and a 3.1% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 21 tenders with a 65.6% share, followed by hydro with eight tenders and a 25% share and solar with three tenders and a 9.4% share.

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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.