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

17 September 2020 (Last Updated September 17th, 2020 14:22)

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.

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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.

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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.