Power industry tenders in Asia-Pacific for February 2020 down 18%

14 March 2020 (Last Updated March 13th, 2020 07:40)

Power industry tenders in Asia-Pacific for February 2020 down 18%
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Asia-Pacific power industry tenders activity in February 2020 saw 505 tenders announced, marking a drop of 18% over the last 12-month average of 614, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in February 2020 with 284 tenders and a share of 56.2%, down 2.4% over the previous month and down 15% when compared with the last 12 month-average, followed by the Philippines with 117 tenders and a share of 23.2% and Bangladesh with 61 tenders and a share of 12.1% during the month.

Looking at the last 12-month average, India held the top spot with 335 tenders, followed by Bangladesh with 89 and the Philippines with 87 tenders.

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Thermal is top technology area for tenders in February 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 82 tenders and a 52.9% share, followed by solar with 63 tenders and a 40.6% share and hydro with seven tenders and a 4.5% 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 February 2020, with 262 tenders, followed by T&D Equipment (103) and Generation Equipment (79).

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

  1. Project Implementation: 272 tenders and a 53.9% share
  2. Supply & Erection: 148 tenders and a 29.3% share
  3. Repair, Maintenance, Upgrade & Others: 76 tenders and a 15% share
  4. Consulting & Similar Services: five tenders and a 1% share
  5. Electricity Supply: two tenders and a 0.4% share
  6. Power Purchase Agreement: two tenders and a 0.4% share.

Power tenders in February 2020: Top companies by capacity

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

  1. Ministry of Energy, Uzbekistan: 2,100MW from three tenders
  2. JSC National Electric Grids of Uzbekistan: 1,900MW from two tenders
  3. NTPC (India): 1,800.65MW capacity from three tenders.

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.