Power industry tenders in Asia-Pacific for July 2020 down 26%

12 August 2020 (Last Updated August 12th, 2020 07:32)

Power industry tenders in Asia-Pacific for July 2020 down 26%
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Asia-Pacific power industry tenders activity in July 2020 saw 406 tenders announced, marking a drop of 26% over the last 12-month average of 545, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in July 2020 with 259 tenders and a share of 63.8%, down 4.5% over the previous month and down 18% when compared with the last 12 month-average, followed by Pakistan with 29 tenders and a share of 7.1% and Bangladesh with 27 tenders and a share of 6.7% during the month.

Looking at the last 12-month average, India held the top spot with 317 tenders, followed by Bangladesh with 78 and the Philippines with 75 tenders.

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Solar is top technology area for tenders in July 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 87 tenders and a 64.9% share, followed by thermal with 29 tenders and a 21.6% share and hydro with 17 tenders and a 12.7% 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 July 2020, with 148 tenders, followed by T&D Equipment (134) and Power Plant (91).

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

  1. Project Implementation: 186 tenders and a 45.8% share
  2. Supply & Erection: 139 tenders and a 34.2% share
  3. Repair, Maintenance, Upgrade & Others: 62 tenders and a 15.3% share
  4. Consulting & Similar Services: 18 tenders and a 4.4% share
  5. Electricity Supply: one tender and a 0.2% share.

Power tenders in July 2020: Top issuers by capacity

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

  1. NSW Coalition State Government: 8,000MW from one tender
  2. Solar Energy Corporation of India (India): 1,090MW from three tenders
  3. Satluj Jal Vidyut Nigam (India) and Gujarat Urja Vikas Nigam (India): 100MW 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.