Power industry tenders in Asia-Pacific for October 2020 down 34%

11 November 2020 (Last Updated November 24th, 2020 04:15)

Power industry tenders in Asia-Pacific for October 2020 down 34%

Asia-Pacific power industry tenders activity in October 2020 saw 328 tenders announced, marking a drop of 34% over the last 12-month average of 497, according to GlobalData’s power database.

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

Looking at tenders by country, India led the activity in October 2020 with 219 tenders and a share of 66.8%, up 5.9% over the previous month and down 26% when compared with the last 12 month-average, followed by Nepal with 29 tenders and a share of 8.8% and Pakistan with 22 tenders and a share of 6.7% during the month.

Looking at the last 12-month average, India held the top spot with 296 tenders, followed by the Philippines with 61 and Bangladesh with 55 tenders.

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Solar is top technology area for tenders in October 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 93 tenders and a 68.4% share, followed by thermal with 27 tenders and a 19.9% share and hydro with nine tenders and a 6.6% share.

Looking at power industry tenders divided by segment in Asia-Pacific as tracked by GlobalData, T&D Equipment was the most popular segment in October 2020, with 115 tenders, followed by T&D Project (98) and Power Plant (90).

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

  1. Project Implementation: 125 tenders and a 38.1% share
  2. Supply & Erection: 110 tenders and a 33.5% share
  3. Repair, Maintenance, Upgrade & Others: 72 tenders and a 22% share
  4. Consulting & Similar Services: 19 tenders and a 5.8% share
  5. Electricity Supply: one tender and a 0.3% share
  6. Power Purchase Agreement: one tender and a 0.3% share.

Power tenders in October 2020: Top issuers by capacity

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

  1. Uttarakhand Renewable Energy Development Agency (India): 250MW from one tender
  2. NHPC (India): 165MW from two tenders
  3. Oil India (India) and Satluj Jal Vidyut 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.