Asia-Pacific generation equipment tenders activity down 50% in October 2020

11 November 2020 (Last Updated November 11th, 2020 05:36)

Asia-Pacific generation equipment tenders activity down 50% in October 2020

There were 30 generation equipment tenders announced in the Asia-Pacific region in October 2020, marking a drop of 50% over the last 12-month average of 60, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in October 2020 with 115 tenders and a 33.7% share, followed by T&D Project with 98 tenders and a 28.7% share and Power Plant with 90 tenders and a 26.4% 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 90% share
  2. Repair, Maintenance, Upgrade & Others: three tenders and a 10% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 20 tenders with a 66.7% share, followed by solar with six tenders and a 20% share and nuclear with three tenders and a 10% 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.