Power industry tenders in Asia-Pacific for April 2020 down 40%

8 May 2020 (Last Updated May 8th, 2020 16:11)
Power industry tenders in Asia-Pacific for April 2020 down 40%

Asia-Pacific power industry tenders activity in April 2020 saw 357 tenders announced, marking a drop of 40% over the last 12-month average of 591, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in April 2020: India leads activity

Looking at tenders by country, India led the activity in April 2020 with 270 tenders and a share of 75.6%, up 23.8% over the previous month and down 16% when compared with the last 12 month-average, followed by the Philippines with 31 tenders and a share of 8.7% and Bangladesh with 15 tenders and a share of 4.2% during the month.

Looking at the last 12-month average, India held the top spot with 322 tenders, followed by Bangladesh with 90 and the Philippines with 90 tenders.

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Thermal is top technology area for tenders in April 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 62 tenders and a 54.4% share, followed by solar with 38 tenders and a 33.3% share and hydro with 11 tenders and a 9.6% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Project was the most popular segment in April 2020, with 159 tenders, followed by T&D Equipment (110) and Generation Equipment (54).

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

  1. Project Implementation: 124 tenders and a 34.7% share
  2. Repair, Maintenance, Upgrade & Others: 119 tenders and a 33.3% share
  3. Supply & Erection: 107 tenders and a 30% share
  4. Consulting & Similar Services: four tenders and a 1.1% share
  5. Electricity Supply: two tenders and a 0.6% share
  6. Power Purchase Agreement: one tender and a 0.3% share.

Power tenders in April 2020: Top companies by capacity

The top issuers of tenders for the month in terms of power capacity involved in Asia-Pacific were:

  1. Solar Energy Corporation of India (India): 2,515MW from two tenders
  2. Public – Private Partnership Development Agency under the Ministry of Finance (PPPDA), Bharat Heavy Electricals (India), Ministry of Energy, Uzbekistan and Ministry of Investments and Foreign Trade: 100MW from one tender
  3. Madhya Pradesh Madhya Kshetra Vidyut Vitaran (India): 45MW capacity from one tender.

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.