Asia-Pacific power plant tenders activity down 41% in October 2019

28 November 2019 (Last Updated November 28th, 2019 07:31)

Asia-Pacific power plant tenders activity down 41% in October 2019

There were 56 power plant tenders announced in the Asia-Pacific region in October 2019, marking a drop of 41% over the last 12-month average of 95, 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 October 2019 with 302 tenders and a 51.4% share, followed by T&D Equipment with 113 tenders and a 19.2% share and Generation Equipment with 99 tenders and a 16.8% share during the month.

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

  1. Project Implementation: 51 tenders and a 91.1% share
  2. Consulting & Similar Services: three tenders and a 5.4% share
  3. Repair, Maintenance, Upgrade & Others: two tenders and a 3.6% share.

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

Looking at power plant tenders by the type of technology in the Asia-Pacific region, solar accounted for 52 tenders with a 92.9% share, followed by thermal with three tenders and a 5.4% share and wind with one tender and a 1.8% share.

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Asia-Pacific power plant tenders in October 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. NTPC (India): 1,090.29MW from six tenders
  2. Solar Energy Corporation of India (India): 600MW from two tenders
  3. Rajasthan Electronics & Instruments (India), Rajasthan Renewable Energy (India) and Bharat Heavy Electricals (India): 50MW 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.