Thermal technology tenders activity in April 2022 saw 34 tenders announced, marking a drop of 71% over the last 12-month average of 118, according to GlobalData’s power industry tenders database.

Oil was the top category in thermal technology in terms of number of tenders for the month, accounting for 31 tenders and a 93.9% share, followed by Gas with two tenders and a 6.1% share.

Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during April 2022 with a 77.3% share.

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

1. Supply & Erection: 26 tenders and a 76.5% share
2. Repair, Maintenance, Upgrade & Others: five tenders and a 14.7% share
3. Project Implementation: three tenders and an 8.8% share.

Asia-Pacific leads thermal tenders activity in April 2022

Comparing tenders activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 26 tenders and a share of 76.5% during April 2022, followed by Middle East and Africa with five tenders and a 14.7% share and Europe with two tenders and a 5.9% share.

In fourth place was North America with one tender and a 2.9% 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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