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  1. Market Data
June 11, 2021

Global power industry tenders in May 2021: Thermal technology down 24%

By Amit Sharma

Thermal technology tenders activity in May 2021 saw 112 tenders announced, marking a drop of 24% over the last 12-month average of 147, 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 101 tenders and a 90.2% share, followed by Gas with seven tenders and a 6.3% share. Coal stood in third place with four tenders and a 3.6% 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 May 2021 with a 48.3% share.

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

  1. Supply & Erection: 59 tenders and a 52.7% share
  2. Repair, Maintenance, Upgrade & Others: 49 tenders and a 43.8% share
  3. Project Implementation: three tenders and a 2.7% share
  4. Power Purchase Agreement: one tender and a 0.9% share.

North America leads thermal tenders activity in May 2021

Comparing tenders activity in thermal technology in different regions of the globe, North America held the top position with 60 tenders and a share of 53.6% during May 2021, followed by Asia-Pacific with 36 tenders and a 32.1% share and Middle East and Africa with 12 tenders and a 10.7% share.

In fourth place was Europe with three tenders and a 2.7% share and in fifth place was South and Central America with one tender and a 0.9% share.

Thermal technology tenders in May 2021: Top issuers by capacity

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

  1. Electricity Generating Authority of Thailand (Thailand): 700MW from one tender
  2. Ministry of Infrastructure and Meteorological Services of the Fiji Government: 0.07MW 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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