Generation equipment tenders in April 2022 saw 31 tenders announced, marking a drop of 75% over the last 12-month average of 125, 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:
- Supply & Erection: 25 tenders and an 80.6% share
- Repair, Maintenance, Upgrade & Others: five tenders and a 16.1% share
- Consulting & Similar Services: one tender and a 3.2% share.
Asia-Pacific leads generation equipment activity in April 2022
Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 25 tenders and a share of 80.6% during April 2022, followed by Europe with three tenders and a 9.7% share and Middle East and Africa with two tenders and a 6.5% share.
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Thermal is leading technology for generation equipment tenders in April 2022
Among the technologies, thermal accounted for 30 tenders with a 100% 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.
