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October 26, 2021

Middle East and Africa power plant contracts activity down 10% in Q3 2021

There were 28 power plant contracts announced in the Middle East and Africa region in Q3 2021, marking a drop of 10% over the last four-quarter average of 31, according to GlobalData’s power industry contracts database.

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T&D Project stood at first place when compared with other power tender categories in the Middle East and Africa region in Q3 2021 with 31 contracts and a 27.9% share, followed by Power Plant with 28 contracts and a 25.2% share and Generation Equipment with 16 contracts and a 14.4% share during the quarter.

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

  1. Project Implementation: 23 contracts and an 82.1% share
  2. Repair, Maintenance, Upgrade & Others: three contracts and a 10.7% share
  3. Consulting & Similar Services: two contracts and a 7.1% share.

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Solar is top technology for Middle East and Africa power plant contracts in Q3 2021

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 15 contracts with a 53.6% share, followed by thermal with eight contracts and a 28.6% share and hydro with three contracts and a 10.7% share.

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Middle East and Africa power plant contracts in Q3 2021: Top companies by capacity

The top issuers of power plant contracts for the quarter in terms of power capacity involved in Middle East and Africa were:

  1. Government of Iraq (Iraq): 2,000MW from one contract
  2. Sabalan Barghe Omid: 480MW from one contract
  3. Falcore Power and Energy (Nigeria): 360MW capacity from one contract.

Middle East and Africa power plant contracts in Q3 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Middle East and Africa were:

  1. Power Construction Corporation of China (China): 2,000MW from one contract
  2. TotalEnergies (France): 1,000MW from one contract
  3. MAPNA Group (Iran): 663MW capacity from two contracts.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.

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