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  1. Market Data
May 8, 2020

Global power industry tenders for April 2020 down 31%

Power industry tenders activity in April 2020 saw 653 tenders announced, marking a drop of 31% over the last 12-month average of 945, according to GlobalData’s power database.

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Power industry tenders in April 2020: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 357 tenders and a share of 54.7% during April 2020, followed by North America with 194 tenders and a 29.7% share and Europe with 71 tenders and a 10.9% share.

In fourth place was Middle East and Africa with 28 tenders and a 4.3% share and in fifth place was South and Central America with three tenders and a 0.5% share.

On the basis of the last 12-month average, Asia-Pacific held a lead over others with 591 tenders, followed by North America with 143.

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Thermal tops by technology in April 2020

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 157 tenders and a 65.4% share, followed by solar with 57 tenders and a 23.8% share and hydro with 17 tenders and a 7.1% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment during April 2020, with 230 tenders, followed by T&D Project (186) and Generation Equipment (150).

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

  1. Supply & Erection: 293 tenders and a 44.9% share
  2. Repair, Maintenance, Upgrade & Others: 173 tenders and a 26.5% share
  3. Project Implementation: 160 tenders and a 24.5% share
  4. Consulting & Similar Services: 17 tenders and a 2.6% share
  5. Electricity Supply: nine tenders and a 1.4% share
  6. Power Purchase Agreement: one tender and a 0.2% share.

Power tenders in April 2020: Top companies by capacity

The top issuers of tenders for the month in terms of power capacity involved were:

  1. Solar Energy Corporation of India (India): 2,515MW from two tenders
  2. Renewable Energy Project Development Office (Saudi Arabia): 1,000MW from one tender
  3. Netherlands Enterprise Agency (Netherlands): 700MW 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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