Power industry contracts in Middle East and Africa for December 2019 down 16%

23 January 2020 (Last Updated January 23rd, 2020 09:16)

Power industry contracts in Middle East and Africa for December 2019 down 16%

Middle East and Africa power industry contracts activity in December 2019 saw 21 contracts announced, marking a drop of 16% over the last 12-month average of 25, according to GlobalData’s power database.

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Middle East and Africa power industry contracts in December 2019: Iran (Islamic Republic of Iran) leads activity

Looking at contracts by country, Iran (Islamic Republic of Iran) led the activity in December 2019 with four contracts and a share of 19%, up 3.6% over the previous month and up 100% when compared with the last 12 month-average, followed by Egypt with three contracts and a share of 14.3% and Mali with three contracts and a share of 14.3% during the month.

Looking at the last 12-month average, the United Arab Emirates held the top spot with three contracts, followed by Egypt with two and Iran (Islamic Republic of Iran) with two contracts.

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Solar is top technology area for contracts in December 2019

Looking at contracts divided by the type of technology, solar accounted for the largest proportion with seven contracts and a 43.8% share, followed by thermal with five contracts and a 31.3% share and wind with one contract and a 6.3% share.

Looking at power industry contracts divided by segment in Middle East and Africa as tracked by GlobalData, Power Plant was the most popular segment in December 2019, with 11 contracts, followed by Electricity Procurement (5) and T&D Project (5).

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

  1. Project Implementation: seven contracts and a 33.3% share
  2. Consulting & Similar Services: four contracts and a 19% share
  3. Power Purchase Agreement: four contracts and a 19% share
  4. Supply & Erection: three contracts and a 14.3% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 9.5% share
  6. Electricity Supply: one contract and a 4.8% share.

Power contracts in December 2019: Top companies by capacity

The top issuers of contracts for the month in terms of power capacity involved in Middle East and Africa were:

  1. Egyptian Electricity Transmission (Egypt): 700MW from two contracts
  2. Ministere de l’Energie des Mines et des Energies Renouvelables (Tunisia): 500MW from five contract
  3. Thermal Power Plant Holding (Iran): 451MW from one contract.

Power contracts in December 2019: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Middle East and Africa were:

  1. AMEA Power (United Arab Emirates): 700MW from two contracts
  2. MAPNA Special Projects Construction and Development Co (MD-3) (Iran): 451MW from one contract
  3. Scatec Solar ASA (Tunisia): 300MW capacity from three 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.