Power industry tenders activity in June 2020 saw 772 tenders announced, marking a drop of 14% over the last 12-month average of 901, according to GlobalData’s power database.
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Power industry tenders in June 2020: Asia-Pacific leads global activity
On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 422 tenders and a share of 54.7% during June 2020, followed by North America with 227 tenders and a 29.4% share and Europe with 93 tenders and a 12% share.
In fourth place was South and Central America with 17 tenders and a 2.2% share and in fifth place was Middle East and Africa with 13 tenders and a 1.7% share.
On the basis of the last 12-month average, Asia-Pacific held a lead over others with 563 tenders, followed by North America with 142.
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Thermal tops by technology in June 2020
Looking at tenders by the type of technology, thermal accounted for the largest proportion with 132 tenders and a 46.2% share, followed by solar with 114 tenders and a 39.9% share and hydro with 16 tenders and a 5.6% share.
Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment during June 2020, with 268 tenders, followed by T&D Project (214) and Generation Equipment (142).
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 345 tenders and a 44.7% share
- Project Implementation: 253 tenders and a 32.8% share
- Repair, Maintenance, Upgrade & Others: 149 tenders and a 19.3% share
- Consulting & Similar Services: 13 tenders and a 1.7% share
- Electricity Supply: five tenders and a 0.6% share
- Power Purchase Agreement: four tenders and a 0.5% share
- Others: three tenders and a 0.4% share.
Power tenders in June 2020: Top companies by capacity
The top issuers of tenders for the month in terms of power capacity involved were:
- Railway Energy Management (India): 1,400MW from two tenders
- The AES (United States): 1,000MW from one tender
- Santee Cooper (United States) and Central Electric Power Coop (United States): 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.
