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:
- Project Implementation: 23 contracts and an 82.1% share
- Repair, Maintenance, Upgrade & Others: three contracts and a 10.7% share
- Consulting & Similar Services: two contracts and a 7.1% share.
Solar is top technology for Middle East and Africa power plant contracts in Q3 2021
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By GlobalDataLooking 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:
- Government of Iraq (Iraq): 2,000MW from one contract
- Sabalan Barghe Omid: 480MW from one contract
- 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:
- Power Construction Corporation of China (China): 2,000MW from one contract
- TotalEnergies (France): 1,000MW from one contract
- 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.