Asia-Pacific generation equipment tenders activity down 31% in September 2020

22 October 2020 (Last Updated October 22nd, 2020 03:55)

Asia-Pacific generation equipment tenders activity down 31% in September 2020
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There were 43 generation equipment tenders announced in the Asia-Pacific region in September 2020, marking a drop of 31% over the last 12-month average of 62, 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 September 2020 with 160 tenders and a 38.8% share, followed by T&D Project with 108 tenders and a 26.2% share and Power Plant with 87 tenders and a 21.1% share during the month.

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

  1. Supply & Erection: 31 tenders and a 72.1% share
  2. Repair, Maintenance, Upgrade & Others: 12 tenders and a 27.9% share.

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

Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 29 tenders with a 67.4% share, followed by nuclear with seven tenders and a 16.3% share and solar with seven tenders and a 16.3% 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.