Power industry tenders in Asia-Pacific for December 2019 down 9%

10 January 2020 (Last Updated January 10th, 2020 06:37)

Power industry tenders in Asia-Pacific for December 2019 down 9%

Asia-Pacific power industry tenders activity in December 2019 saw 564 tenders announced, marking a drop of 9% over the last 12-month average of 622, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in December 2019: India leads activity

Looking at tenders by country, India led the activity in December 2019 with 375 tenders and a share of 66.5%, up 9% over the previous month and up 13% when compared with the last 12 month-average, followed by the Philippines with 102 tenders and a share of 18.1% and Bangladesh with 33 tenders and a share of 5.9% during the month.

Looking at the last 12-month average, India held the top spot with 331 tenders, followed by Bangladesh with 96 and the Philippines with 85 tenders.

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Thermal is top technology area for tenders in December 2019

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 92 tenders and a 52.9% share, followed by solar with 65 tenders and a 37.4% share and hydro with 13 tenders and a 7.5% 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 December 2019, with 291 tenders, followed by T&D Equipment (105) and Generation Equipment (81).

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

  1. Project Implementation: 260 tenders and a 46.1% share
  2. Repair, Maintenance, Upgrade & Others: 146 tenders and a 25.9% share
  3. Supply & Erection: 143 tenders and a 25.4% share
  4. Consulting & Similar Services: ten tenders and a 1.8% share
  5. Power Purchase Agreement: four tenders and a 0.7% share
  6. Electricity Supply: one tender and a 0.2% share.

Power tenders in December 2019: 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): 2,400MW from two tenders
  2. NTPC (India): 1,523.87MW from four tenders
  3. Bihar Renewable Energy Development Agency (India): 250MW 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.