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  1. Market Data
May 21, 2021

Generation equipment tenders down 17% in April 2021

By Amit Sharma

Generation equipment tenders in April 2021 saw 129 tenders announced, marking a drop of 17% over the last 12-month average of 155, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 87 tenders and a 67.4% share
  2. Repair, Maintenance, Upgrade & Others: 40 tenders and a 31% share
  3. Consulting & Similar Services: two tenders and a 1.6% share.

North America leads generation equipment activity in April 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 78 tenders and a share of 60.5% during April 2021, followed by Middle East and Africa with 22 tenders and a 17.1% share and Europe with 16 tenders and a 12.4% share.

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Thermal is leading technology for generation equipment tenders in April 2021

Among the technologies, thermal accounted for 114 tenders with an 88.4% share, followed by solar with seven tenders and a 5.4% share and hydro with three tenders and a 2.3% share.

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

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