Thermal technology tenders activity in Q1 2020 saw 397 tenders announced, marking a drop of 29% over the last four-quarter average of 557, 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 quarter, accounting for 316 tenders and a 79.4% share, followed by Coal with 42 tenders and a 10.6% share. Gas stood in third place with 40 tenders and a 10.1% 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 Q1 2020 with a 51.1% share.

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

  1. Supply & Erection: 260 tenders and a 65.5% share
  2. Repair, Maintenance, Upgrade & Others: 116 tenders and a 29.2% share
  3. Project Implementation: 13 tenders and a 3.3% share
  4. Consulting & Similar Services: six tenders and a 1.5% share
  5. Electricity Supply: one tender and a 0.3% share
  6. Power Purchase Agreement: one tender and a 0.3% share.

Asia-Pacific leads thermal tenders activity in Q1 2020

Comparing tenders activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 196 tenders and a share of 49.4% during Q1 2020, followed by North America with 150 tenders and a 37.8% share and Europe with 34 tenders and an 8.6% share.

In fourth place was Middle East and Africa with 16 tenders and a 4% share and in fifth place was South and Central America with one tender and a 0.3% share.

Thermal technology tenders in Q1 2020: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 5,000MW from one tender
  2. Ministry of Energy, Uzbekistan: 3,000MW from two tenders
  3. JSC National Electric Grids of Uzbekistan: 1,500MW 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.