There were 22 electricity procurement contracts announced in the Asia-Pacific region in March 2022, marking a drop of 4% over the last 12-month average of 23, according to GlobalData’s power industry contracts database.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in March 2022 with 60 contracts and a 37.7% share, followed by T&D Project with 34 contracts and a 21.4% share and Generation Equipment with 27 contracts and a 17% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was:Power Purchase Agreement with 22 contracts and a 100% share.

Solar is top technology for Asia-Pacific electricity procurement contracts in March 2022

Looking at electricity procurement contracts by the type of technology in the Asia-Pacific region, solar accounted for 15 contracts with a 62.5% share, followed by wind with nine contracts and a 37.5% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Asia-Pacific electricity procurement contracts in March 2022: Top companies by capacity

The top issuers of electricity procurement contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Solar Energy Corporation of India (India): 300MW from one contract
  2. ArcelorMittal Nippon Steel India (India): 250MW from one contract
  3. Punjab State Power (India): 150MW capacity from one contract.

Asia-Pacific electricity procurement contracts in March 2022: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Azure Power Global (India): 300MW from one contract
  2. ArcelorMittal (Luxembourg): 250MW from one contract
  3. Adani Green Energy (India): 150MW capacity from one contract.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.