Asia-Pacific power industry tenders in Q2 2021: Total volume change revealed
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Power industry tenders in Asia-Pacific for Q2 2021 down 53%

29 Jul 2021

Power industry tenders in Asia-Pacific for Q2 2021 down 53%

Asia-Pacific power industry tenders activity in Q2 2021 saw 477 tenders announced, marking a drop of 53% over the last four-quarter average of 1,009, according to GlobalData’s power database.

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Asia-Pacific power industry tenders in Q2 2021: Pakistan leads activity

Looking at tenders by country, Pakistan led the activity in Q2 2021 with 116 tenders and a share of 24.3%, up 6.1% over the previous quarter and up 25% when compared with the last four-quarter average, followed by India with 85 tenders and a share of 17.8% and the Philippines with 70 tenders and a share of 14.7% during the quarter.

Looking at the last four-quarter average, India held the top spot with 596 tenders, followed by Pakistan with 93 and Bangladesh with 74 tenders.

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Solar is top technology area for tenders in Q2 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 132 tenders and a 53.7% share, followed by thermal with 84 tenders and a 34.1% share and hydro with 15 tenders and a 6.1% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in Asia-Pacific power tenders activity during Q2 2021, with 167 tenders, followed by Power Plant (126) and T&D Project (91).

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

  1. Supply & Erection: 190 tenders and a 39.8% share
  2. Project Implementation: 187 tenders and a 39.2% share
  3. Repair, Maintenance, Upgrade & Others: 72 tenders and a 15.1% share
  4. Consulting & Similar Services: 14 tenders and a 2.9% share
  5. Power Purchase Agreement: seven tenders and a 1.5% share
  6. Electricity Supply: five tenders and a 1% share
  7. Others: two tenders and a 0.4% share.

Power tenders in Q2 2021: Top issuers by capacity

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

  1. Solar Energy Corporation of India (India): 3,600MW from three tenders
  2. Maharashtra State Electricity Distribution (India): 2,800MW from 32 tenders
  3. Gujarat Industries Power (India): 2,375MW 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.