Asia-Pacific power plant tenders activity down 53% in April 2020

19 May 2020 (Last Updated May 19th, 2020 15:28)

Asia-Pacific power plant tenders activity down 53% in April 2020

There were 37 power plant tenders announced in the Asia-Pacific region in April 2020, marking a drop of 53% over the last 12-month average of 78, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in April 2020 with 159 tenders and a 42.9% share, followed by T&D Equipment with 110 tenders and a 29.6% share and Generation Equipment with 54 tenders and a 14.6% share during the month.

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

  1. Project Implementation: 28 tenders and a 75.7% share
  2. Repair, Maintenance, Upgrade & Others: six tenders and a 16.2% share
  3. Consulting & Similar Services: two tenders and a 5.4% share
  4. Supply & Erection: one tender and a 2.7% share.

Solar is top technology for Asia-Pacific power plant tenders in April 2020

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 31 tenders with an 86.1% share, followed by hydro with three tenders and an 8.3% share and wind with two tenders and a 5.6% share.

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Asia-Pacific power plant tenders in April 2020: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 2,515MW from two tenders
  2. Public – Private Partnership Development Agency under the Ministry of Finance (PPPDA), Bharat Heavy Electricals (India), Ministry of Energy, Uzbekistan and Ministry of Investments and Foreign Trade: 100MW from one tender
  3. Madhya Pradesh Madhya Kshetra Vidyut Vitaran (India): 45MW 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.