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February 9, 2021

Global power industry tenders for January 2021 down 27%

By Amit Sharma

Power industry tenders activity in January 2021 saw 590 tenders announced, marking a drop of 27% over the last 12-month average of 811, according to GlobalData’s power database.

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Power industry tenders in January 2021: North America leads global activity

On comparing tenders activity in different regions of the globe, North America held the top position with 203 tenders and a share of 34.4% during January 2021, followed by Asia-Pacific with 188 tenders and a 31.9% share and Middle East and Africa with 120 tenders and a 20.3% share.

In fourth place was Europe with 58 tenders and a 9.8% share and in fifth place was South and Central America with 21 tenders and a 3.6% share.

On the basis of the last 12-month average, Asia-Pacific held a lead over others with 421 tenders, followed by North America with 213.

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Thermal tops by technology in January 2021

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 135 tenders and a 46.6% share, followed by solar with 112 tenders and a 38.6% share and hydro with 15 tenders and a 5.2% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment during January 2021, with 195 tenders, followed by Generation Equipment (145) and T&D Project (110).

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

  1. Supply & Erection: 275 tenders and a 46.6% share
  2. Project Implementation: 147 tenders and a 24.9% share
  3. Repair, Maintenance, Upgrade & Others: 132 tenders and a 22.4% share
  4. Consulting & Similar Services: 23 tenders and a 3.9% share
  5. Power Purchase Agreement: seven tenders and a 1.2% share
  6. Others: six tenders and a 1% share.

Power tenders in January 2021: Top issuers by capacity

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

  1. Bundelkhand Saur Urja (India): 1,200MW from one tender
  2. Ministere de l’Ecologie, du Developpement Durable des Transports et du Logement: 1,050MW from one tender
  3. Gujarat Urja Vikas Nigam (India): 500MW 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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