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  1. Market Data
May 9, 2022

Global power industry tenders in April 2022: Thermal technology down 71%

By Carmen

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.

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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.

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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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