Global power industry contracts in Q3 2019: Hydro technology down 40%

Hydro technology contracts activity in Q3 2019 saw 27 contracts announced, marking a drop of 40% over the last four-quarter average of 45, according to GlobalData’s power industry contracts database.

Looking at global power contracts activity divided by the type of technology, hydro held the fifth position in terms of number of contracts during Q3 2019 with a 4% share.

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

1. Project Implementation: 11 contracts and a 40.7% share
2. Supply & Erection: eight contracts and a 29.6% share
3. Repair, Maintenance, Upgrade & Others: five contracts and an 18.5% share
4. Power Purchase Agreement: two contracts and a 7.4% share
5. Electricity Supply: one contract and a 3.7% share.

South and Central America leads hydro contracts activity in Q3 2019

Comparing contracts activity in hydro technology in different regions of the globe, South and Central America held the top position with eight contracts and a share of 29.6% during Q3 2019, followed by Asia-Pacific with seven contracts and a 25.9% share and Europe with six contracts and a 22.2% share.

In fourth place was North America with four contracts and a 14.8% share and in fifth place was Middle East and Africa with two contracts and a 7.4% share.

Hydro technology contracts in Q3 2019: Top companies by capacity

The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:

1. Government of Himachal Pradesh (India): 520MW from one contract
2. Dubai Electricity and Water Authority (United Arab Emirates): 250MW from one contract
3. Congo Infra: 122.2MW capacity from one contract.

Hydro technology contracts in Q3 2019: Top winners by capacity

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

1. NTPC (India): 520MW from one contract
2. Andritz Hydro (Austria), Strabag (Germany) and Strabag Dubai (United Arab Emirates): 250MW from one contract
3. China Gezhouba Group International Engineering (China): 122.2MW 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.