Power industry tenders activity in Q2 2022 saw 646 tenders announced, marking a drop of 64% over the last four-quarter average of 1,798, according to GlobalData’s power database.

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Power industry tenders in Q2 2022: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 339 tenders and a share of 52.5% during Q2 2022, followed by Europe with 116 tenders and an 18% share and Middle East and Africa with 98 tenders and a 15.2% share.

In fourth place was North America with 73 tenders and an 11.3% share and in fifth place was South and Central America with 20 tenders and a 3.1% share.

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On the basis of the last four-quarter average, North America held a lead over others with 567 tenders, followed by Middle East and Africa with 434.

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Thermal tops by technology in Q2 2022

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 114 tenders and a 61.3% share, followed by solar with 49 tenders and a 26.3% share and nuclear with ten tenders and a 5.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in global power tenders activity during Q2 2022, with 342 tenders, followed by T&D Project (139) and Generation Equipment (113).

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

  1. Supply & Erection: 410 tenders and a 63.5% share
  2. Project Implementation: 146 tenders and a 22.6% share
  3. Repair, Maintenance, Upgrade & Others: 46 tenders and a 7.1% share
  4. Consulting & Similar Services: 32 tenders and a 5% share
  5. Others: ten tenders and a 1.5% share
  6. Power Purchase Agreement: one tender and a 0.2% share
  7. Electricity Supply: one tender and a 0.2% share.

Power tenders in Q2 2022: Top companies by capacity

The top issuers of tenders for the quarter in terms of power capacity involved were:

  1. Emirates Water and Electricity (United Arab Emirates): 1,500MW from one tender
  2. NTPC Renewable Energy (India): 1,255MW from one tender
  3. Manila Electric (Philippines): 850MW capacity from one tender.

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.