Asia-Pacific power plant tenders activity down 9% in December 2019

20 January 2020 (Last Updated January 20th, 2020 07:01)

Asia-Pacific power plant tenders activity down 9% in December 2019

There were 80 power plant tenders announced in the Asia-Pacific region in December 2019, marking a drop of 9% over the last 12-month average of 88, 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 December 2019 with 291 tenders and a 50.8% share, followed by T&D Equipment with 105 tenders and an 18.3% share and Generation Equipment with 81 tenders and a 14.1% share during the month.

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

  1. Project Implementation: 48 tenders and a 60% share
  2. Repair, Maintenance, Upgrade & Others: 20 tenders and a 25% share
  3. Consulting & Similar Services: ten tenders and a 12.5% share
  4. Power Purchase Agreement: two tenders and a 2.5% share.

Solar is top technology for Asia-Pacific power plant tenders in December 2019

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 55 tenders with a 67.9% share, followed by thermal with 16 tenders and a 19.8% share and hydro with seven tenders and an 8.6% share.

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Asia-Pacific power plant tenders in December 2019: 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): 2,400MW from two tenders
  2. NTPC (India): 1,423.87MW from three tenders
  3. Ceylon Electricity Board (Sri Lanka): 96MW 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.