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March 18, 2021

Power plant tenders down 3% in February 2021

By Amit Sharma

Power plant tenders in February 2021 saw 124 tenders announced, marking a drop of 3% over the last 12-month average of 128, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 104 tenders and an 83.9% share
  2. Consulting & Similar Services: ten tenders and an 8.1% share
  3. Repair, Maintenance, Upgrade & Others: eight tenders and a 6.5% share
  4. Supply & Erection: two tenders and a 1.6% share.

Asia-Pacific leads power plant activity in February 2021

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 45 tenders and a share of 36.3% during February 2021, followed by Middle East and Africa with 30 tenders and a 24.2% share and Europe with 25 tenders and a 20.2% share.

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Solar is leading technology for power plant tenders in February 2021

Among the technologies, solar accounted for 108 tenders with an 86.4% share, followed by wind with six tenders and a 4.8% share and thermal with four tenders and a 3.2% share.

Power plant tenders in February 2021: Top issuers by capacity

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

  1. Solar Energy Corporation of India (India): 1,885MW from two tenders
  2. Ministere de l’Environnement, de l’Energie et de la Mer (France): 700MW from one tender
  3. Tamil Nadu Generation and Distribution (India): 501MW capacity from two tenders.

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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