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Asia-Pacific power industry tenders activity in March 2020 saw 398 tenders announced, marking a drop of 35% over the last 12-month average of 609, according to GlobalData’s power database.
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Looking at tenders by country, India led the activity in March 2020 with 225 tenders and a share of 56.5%, up 4.6% over the previous month and down 32% when compared with the last 12 month-average, followed by the Philippines with 78 tenders and a share of 19.6% and Bangladesh with 45 tenders and a share of 11.3% during the month.
Looking at the last 12-month average, India held the top spot with 332 tenders, followed by the Philippines with 91 and Bangladesh with 90 tenders.
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Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 60 tenders and a 48.4% share, followed by thermal with 55 tenders and a 44.4% share and hydro with five tenders and a 4% 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 March 2020, with 169 tenders, followed by T&D Equipment (122) and Generation Equipment (54).
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Find out moreThe proportion of tenders by category tracked by GlobalData in the month was as follows:
The top issuers of tenders for the month in terms of power capacity involved in Asia-Pacific were:
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.
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