Power industry tenders in Asia-Pacific for January 2020 down 28%

11 February 2020 (Last Updated February 11th, 2020 08:38)

Power industry tenders in Asia-Pacific for January 2020 down 28%

Asia-Pacific power industry tenders activity in January 2020 saw 452 tenders announced, marking a drop of 28% over the last 12-month average of 630, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in January 2020 with 272 tenders and a share of 60.2%, down 4.2% over the previous month and down 21% when compared with the last 12 month-average, followed by the Philippines with 77 tenders and a share of 17% and Bangladesh with 54 tenders and a share of 11.9% during the month.

Looking at the last 12-month average, India held the top spot with 343 tenders, followed by Bangladesh with 93 and the Philippines with 87 tenders.

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Thermal is top technology area for tenders in January 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 55 tenders and a 45.8% share, followed by solar with 53 tenders and a 44.2% share and hydro with seven tenders and a 5.8% 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 January 2020, with 238 tenders, followed by T&D Equipment (104) and Power Plant (62).

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

  1. Project Implementation: 239 tenders and a 52.9% share
  2. Supply & Erection: 132 tenders and a 29.2% share
  3. Repair, Maintenance, Upgrade & Others: 72 tenders and a 15.9% share
  4. Consulting & Similar Services: seven tenders and a 1.5% share
  5. Electricity Supply: two tenders and a 0.4% share.

Power tenders in January 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 Economic Affairs (Taiwan) (Taiwan): 10,000MW from one tender
  2. Solar Energy Corporation of India (India): 2,418MW from four tenders
  3. Gujarat Urja Vikas Nigam (India): 1,000MW 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.