Power industry tenders in Asia-Pacific for December 2020 down 41%

11 January 2021 (Last Updated January 11th, 2021 04:17)

Power industry tenders in Asia-Pacific for December 2020 down 41%

Asia-Pacific power industry tenders activity in December 2020 saw 263 tenders announced, marking a drop of 41% over the last 12-month average of 449, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in December 2020 with 177 tenders and a share of 67.3%, up 12% over the previous month and down 35% when compared with the last 12 month-average, followed by Sri Lanka with 16 tenders and a share of 6.1% and Pakistan with 15 tenders and a share of 5.7% during the month.

Looking at the last 12-month average, India held the top spot with 272 tenders, followed by the Philippines with 50 and Bangladesh with 45 tenders.

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Solar is top technology area for tenders in December 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 47 tenders and a 51.6% share, followed by thermal with 27 tenders and a 29.7% share and hydro with 14 tenders and a 15.4% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Equipment was the most popular segment in December 2020, with 104 tenders, followed by T&D Project (74) and Power Plant (52).

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

  1. Supply & Erection: 103 tenders and a 39.2% share
  2. Project Implementation: 99 tenders and a 37.6% share
  3. Repair, Maintenance, Upgrade & Others: 57 tenders and a 21.7% share
  4. Consulting & Similar Services: four tenders and a 1.5% share.

Power tenders in December 2020: Top issuers by capacity

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

  1. Andhra Pradesh Green Energy: 8,500MW from one tender
  2. Solar Energy Corporation of India (India): 1,220MW from two tenders
  3. Bangalore Electricity Supply (India): 1,060MW 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.