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July 26, 2019

Power plant tenders down 11% in June 2019

Power plant tenders in June 2019 saw 133 tenders announced, marking a drop of 11% over the last 12-month average of 149, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 92 tenders and a 69.2% share
  2. Repair, Maintenance, Upgrade & Others: 23 tenders and a 17.3% share
  3. Consulting & Similar Services: 16 tenders and a 12% share.

Asia-Pacific leads Power Plant activity in June 2019

Comparing tenders activity in Power Plant segment in different regions of the globe, Asia-Pacific held the top position with 96 tenders and a share of 72.2% during June 2019, followed by North America with 13 tenders and a 9.8% share and Middle East and Africa with 12 tenders and a 9% share.

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Solar is leading technology for power plant tenders in June 2019

Among the technologies, Solar accounted for 103 tenders with a 70.5% share, followed by Hydro with 14 tenders and a 9.6% share and Thermal with 11 tenders and a 7.5% share.

Power plant segment tenders in June 2019: Top companies by capacity

The top issuers of Power Plant segment tenders for the month in terms of power capacity involved were:

  1. Solar Energy Corporation of India (India): 10,200MW from four tenders
  2. Kuwait Authority for Partnership Projects (Kuwait): 2,000MW from one tender
  3. NTPC (India): 1,184MW capacity from three 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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