Asia-Pacific thermal technology contracts in Q2 2019 saw 22 contracts announced, marking a drop of 39% over the last four-quarter average of 36, according to GlobalData’s power industry contracts database.

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Gas was the top category in thermal technology in terms of number of contracts for the quarter in Asia-Pacific, accounting for ten contracts and a 41.7% share, followed by Coal with nine contracts and a 37.5% share. Oil stood in third place with five contracts and a 20.8% share.

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The proportion of thermal technology contracts by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection with eight contracts and a 36.4% share
  2. Project Implementation: seven contracts and a 31.8% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 13.6% share
  4. Power Purchase Agreement: three contracts and a 13.6% share
  5. Consulting & Similar Services: one contract and a 4.5% share.

India tops Asia-Pacific thermal power contracts activity

India was the top country in the Asia-Pacific region for thermal technology contracts recorded in Q2 2019 with seven contracts and a 31.8% share, followed by Australia with three contracts and a 13.6% share and Bangladesh with three contracts and a 13.6% share.

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Asia-Pacific thermal technology contracts in Q2 2019: Top companies by capacity

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

  1. SJVN Thermal Private (India): 1,320MW from one contract
  2. Telangana State Southern Power Distribution (India) and Northern Power Distribution Company of Telangana (India): 300MW from one contract
  3. Electricite Du Cambodge (Cambodia) and Guam Power Authority (United States): 200MW capacity from one contract.

Asia-Pacific thermal technology contracts in Q2 2019: Top winners by capacity

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

  1. Larsen & Toubro (Oman): 1,320MW from one contract
  2. JSW Energy (India): 300MW from one contract
  3. CGGC-UN Power (China) and Korea Electric Power (South Korea): 200MW 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.