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

1 June 2020 (Last Updated July 23rd, 2020 07:57)
Asia-Pacific generation equipment tenders activity down 51% in May 2020

There were 40 generation equipment tenders announced in the Asia-Pacific region in May 2020, marking a drop of 51% over the last 12-month average of 82, 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 May 2020 with 212 tenders and a 51.8% share, followed by T&D Equipment with 110 tenders and a 26.9% share and Generation Equipment with 40 tenders and a 9.8% share during the month.

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

  1. Supply & Erection: 27 tenders and a 67.5% share
  2. Repair, Maintenance, Upgrade & Others: 12 tenders and a 30% share
  3. Consulting & Similar Services: one tender and a 2.5% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 34 tenders with an 85% share, followed by hydro with three tenders and a 7.5% share and solar with three tenders and a 7.5% 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.