Power plant tenders in January 2020 saw 95 tenders announced, marking a drop of 24% over the last 12-month average of 125, 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:
- Project Implementation: 63 tenders and a 66.3% share
- Repair, Maintenance, Upgrade & Others: 18 tenders and an 18.9% share
- Consulting & Similar Services: 14 tenders and a 14.7% share.
Asia-Pacific leads power plant activity in January 2020
Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 62 tenders and a share of 65.3% during January 2020, followed by Middle East and Africa with 17 tenders and a 17.9% share and Europe with 11 tenders and an 11.6% share.
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Solar is leading technology for power plant tenders in January 2020
Among the technologies, solar accounted for 70 tenders with a 74.5% share, followed by hydro with ten tenders and a 10.6% share and thermal with eight tenders and an 8.5% share.
Power plant tenders in January 2020: Top companies by capacity
The top issuers of power plant tenders for the month in terms of power capacity involved were:
- Ministry of Economic Affairs (Taiwan) (Taiwan): 10,000MW from one tender
- Solar Energy Corporation of India (India): 2,418MW from four tenders
- Emirates Water and Electricity (United Arab Emirates): 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.