Thermal technology tenders activity in March 2021 saw 123 tenders announced, marking a drop of 17% over the last 12-month average of 148, according to GlobalData’s power industry tenders database.

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Oil was the top category in thermal technology in terms of number of tenders for the month, accounting for 98 tenders and an 83.1% share, followed by Gas with 18 tenders and a 15.3% share. Coal stood in third place with two tenders and a 1.7% share.

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Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during March 2021 with a 45.2% share.

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

  1. Supply & Erection: 79 tenders and a 64.2% share
  2. Repair, Maintenance, Upgrade & Others: 36 tenders and a 29.3% share
  3. Project Implementation: seven tenders and a 5.7% share
  4. Consulting & Similar Services: one tender and a 0.8% share.

North America leads thermal tenders activity in March 2021

Comparing tenders activity in thermal technology in different regions of the globe, North America held the top position with 89 tenders and a share of 72.4% during March 2021, followed by Europe with 17 tenders and a 13.8% share and Middle East and Africa with ten tenders and an 8.1% share.

In fourth place was Asia-Pacific with seven tenders and a 5.7% share.

Thermal technology tenders in March 2021: Top issuers by capacity

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

  1. Germany Trade And Invest (Germany): 600MW from one tender
  2. PT Vale Indonesia (Indonesia): 500MW 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.