Middle East and Africa power plant contracts activity down 45% in Q2 2020

24 August 2020 (Last Updated August 24th, 2020 15:24)
Middle East and Africa power plant contracts activity down 45% in Q2 2020

There were 21 power plant contracts announced in the Middle East and Africa region in Q2 2020, marking a drop of 45% over the last 12-month average of 38, according to GlobalData’s power industry contracts database.

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T&D Project stood at first place when compared with other power tender categories in the Middle East and Africa region in Q2 2020 with 28 contracts and a 34.1% share, followed by Power Plant with 21 contracts and a 25.6% share and Generation Equipment with 16 contracts and a 19.5% share during the quarter.

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

  1. Project Implementation: 14 contracts and a 66.7% share
  2. Consulting & Similar Services: four contracts and a 19% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 14.3% share.

Solar is top technology for Middle East and Africa power plant contracts in Q2 2020

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 12 contracts with a 57.1% share, followed by thermal with seven contracts and a 33.3% share and wind with one contract and a 4.8% share.

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Middle East and Africa power plant contracts in Q2 2020: Top issuers by capacity

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

  1. Primesouth Lebanon s.a.l.: 640MW from one contract
  2. ZESCO (Zambia): 600MW from one contract
  3. Saba Power and Energy Group (Iran): 500MW capacity from one contract.

Middle East and Africa power plant contracts in Q2 2020: Top winners by capacity

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

  1. MAPNA Group (Iran): 984MW from two contracts
  2. China CAMC Engineering (China): 640MW from one contract
  3. Power Construction Corporation of China (China): 600MW 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.