Power industry tenders in Asia-Pacific for June 2020 down 25%

21 July 2020 (Last Updated July 23rd, 2020 16:17)

Power industry tenders in Asia-Pacific for June 2020 down 25%

Asia-Pacific power industry tenders activity in June 2020 saw 422 tenders announced, marking a drop of 25% over the last 12-month average of 563, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in June 2020 with 301 tenders and a share of 71.3%, up 6.2% over the previous month and down 6% when compared with the last 12 month-average, followed by Bangladesh with 34 tenders and a share of 8.1% and the Philippines with 25 tenders and a share of 5.9% during the month.

Looking at the last 12-month average, India held the top spot with 320 tenders, followed by Bangladesh with 85 and the Philippines with 80 tenders.

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Solar is top technology area for tenders in June 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 84 tenders and a 68.9% share, followed by thermal with 29 tenders and a 23.8% share and hydro with six tenders and a 4.9% 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 June 2020, with 179 tenders, followed by T&D Equipment (126) and Power Plant (79).

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

  1. Project Implementation: 194 tenders and a 46% share
  2. Supply & Erection: 127 tenders and a 30.1% share
  3. Repair, Maintenance, Upgrade & Others: 95 tenders and a 22.5% share
  4. Consulting & Similar Services: four tenders and a 0.9% share
  5. Electricity Supply: two tenders and a 0.5% share.

Power tenders in June 2020: Top companies by capacity

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

  1. Railway Energy Management (India): 1,400MW from two tenders
  2. The Tata Power (India): 225MW from one tender
  3. West Bengal State Electricity Distribution (India): 125MW 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.