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August 7, 2019

Global power industry tenders in Q2 2019: Thermal technology up 43%

Thermal technology tenders activity in Q2 2019 saw 716 tenders announced, marking a rise of 43% over the last four-quarter average of 499, 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 562 tenders and a 79.2% share, followed by Coal with 96 tenders and a 13.5% share. Gas stood in third place with 52 tenders and a 7.3% share.

Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during Q2 2019 with a 57.7% share.

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

  1. Supply & Erection: 474 tenders and a 66.2% share
  2. Repair, Maintenance, Upgrade & Others: 218 tenders and a 30.4% share
  3. Project Implementation: 14 tenders and a 2% share
  4. Consulting & Similar Services: eight tenders and a 1.1% share
  5. Electricity Supply: one tender and a 0.1% share
  6. Power Purchase Agreement: one tender and a 0.1% share.

Asia-Pacific leads thermal tenders activity in Q2 2019

Comparing tenders activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 314 tenders and a share of 43.9% during Q2 2019, followed by North America with 293 tenders and a 40.9% share and Middle East and Africa with 73 tenders and a 10.2% share.

In fourth place was Europe with 33 tenders and a 4.6% share and in fifth place was South and Central America with three tenders and a 0.4% share.

Thermal technology tenders in Q2 2019: Top companies by capacity

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

  1. Ministry of Electricity and Energy (Myanmar): 1,040MW from one tender
  2. Assam Power Generation (India): 975MW from two tenders
  3. Kolachi Portgen Pvt (Pakistan): 450MW 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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