India leads Asia-Pacific power industry tenders in November

KOLKATA: Asia-Pacific power industry tender activities in November 2019 saw 617 tenders announced, marking a flat growth over the last 12-month average of 620, according to GlobalData’s power database.

In terms of tenders by country, India led the activity in November with 371 tenders and a share of 60.1%, up 7.4% over the previous month and up 15% when compared with the last 12 month-average, followed by the Philippines with 105 tenders and a share of 17% and Bangladesh with 51 tenders and a share of 8.3% during the month.

Top issuers of tenders for the month in terms of power capacity involved in Asia-Pacific were Maharashtra State Electricity Distribution (India) at 500MW from one tender, Pakhtunkhwa Energy Development Organization (Pakistan) at 300MW from one tender and Coal India (India) at 100MW capacity from one tender.

In the last 12-month average category, India held the top spot with 323 tenders, followed by Bangladesh with 102 and the Philippines with 83 tenders.

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 97 tenders and a 59.1% share, followed by solar with 55 tenders and a 33.5% share and hydro with eight tenders and a 4.9% share.

T&D project was the most popular segment in November 2019, with 357 tenders, followed by T&D Equipment (104) and Generation Equipment (93).

Proportion of tenders by category tracked by GlobalData in the month included project implementation at 328 tenders and a 53.2% share; supply & erection at 161 tenders and a 26.1% share; repair, maintenance, upgrade & others at 112 tenders and an 18.2% share; consulting & similar services at 12 tenders and a 1.9% share; electricity supply at three tenders and a 0.5% share; power purchase agreement at one tender and a 0.2% share.

[“source=economictimes”]