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  1. Market Data
October 26, 2021

Global power industry tenders in Q3 2021: Thermal technology up 13%

Thermal technology tenders activity in Q3 2021 saw 498 tenders announced, marking a rise of 13% over the last four-quarter average of 442, 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 quarter, accounting for 431 tenders and an 86.9% share, followed by Gas with 57 tenders and an 11.5% share. Coal stood in third place with eight tenders and a 1.6% 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 Q3 2021 with a 49.4% share.

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

  1. Supply & Erection: 315 tenders and a 63.3% share
  2. Repair, Maintenance, Upgrade & Others: 166 tenders and a 33.3% share
  3. Project Implementation: nine tenders and a 1.8% share
  4. Consulting & Similar Services: five tenders and a 1% share
  5. Power Purchase Agreement: two tenders and a 0.4% share
  6. Electricity Supply: one tender and a 0.2% share.

North America leads thermal tenders activity in Q3 2021

Comparing tenders activity in thermal technology in different regions of the globe, North America held the top position with 274 tenders and a share of 55% during Q3 2021, followed by Asia-Pacific with 105 tenders and a 21.1% share and Middle East and Africa with 76 tenders and a 15.3% share.

In fourth place was Europe with 39 tenders and a 7.8% share and in fifth place was South and Central America with four tenders and a 0.8% share.

Thermal technology tenders in Q3 2021: Top companies by capacity

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

  1. Ministry of Electricity and Water (Kuwait): 7,200MW from two tenders
  2. Tanzania Electric Supply (Tanzania): 185MW from one tender
  3. Bangladesh Power Development Board (Bangladesh): 50MW 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.

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