Power industry tenders in Asia-Pacific for August 2020 down 37%

Asia-Pacific power industry tenders activity in August 2020 saw 331 tenders announced, marking a drop of 37% over the last 12-month average of 522, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in August 2020 with 188 tenders and a share of 56.8%, down 5.2% over the previous month and down 38% when compared with the last 12 month-average, followed by Pakistan with 38 tenders and a share of 11.5% and Bangladesh with 17 tenders and a share of 5.1% during the month.

Looking at the last 12-month average, India held the top spot with 305 tenders, followed by Bangladesh with 69 and the Philippines with 69 tenders.

Solar is top technology area for tenders in August 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 80 tenders and a 67.2% share, followed by thermal with 32 tenders and a 26.9% share and hydro with six tenders and a 5% 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 August 2020, with 116 tenders, followed by T&D Equipment (105) and Power Plant (77).

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

1. Project Implementation: 150 tenders and a 45.3% share
2. Supply & Erection: 103 tenders and a 31.1% share
3. Repair, Maintenance, Upgrade & Others: 65 tenders and a 19.6% share
4. Consulting & Similar Services: ten tenders and a 3% 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 August 2020: Top issuers by capacity

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

1. NTPC (India): 1,070.13MW from two tenders
2. Ceylon Electricity Board (Sri Lanka): 300MW from one tender
3. Energy Efficiency Services (India): 279MW 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.