Asia-Pacific power plant tenders activity down 32% in December 2020

18 January 2021 (Last Updated January 18th, 2021 08:41)

Asia-Pacific power plant tenders activity down 32% in December 2020

There were 52 power plant tenders announced in the Asia-Pacific region in December 2020, marking a drop of 32% over the last 12-month average of 76, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in December 2020 with 104 tenders and a 39% share, followed by T&D Project with 74 tenders and a 27.7% share and Power Plant with 52 tenders and a 19.5% share during the month.

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

  1. Project Implementation: 43 tenders and an 82.7% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 9.6% share
  3. Consulting & Similar Services: four tenders and a 7.7% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 40 tenders with a 76.9% share, followed by hydro with nine tenders and a 17.3% share and wind with one tender and a 1.9% share.

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Asia-Pacific power plant tenders in December 2020: Top issuers by capacity

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

  1. Andhra Pradesh Green Energy: 8,500MW from one tender
  2. Solar Energy Corporation of India (India): 1,220MW from two tenders
  3. Bangalore Electricity Supply (India): 1,060MW 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.