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  1. Market Data
June 18, 2021

Power plant tenders down 45% in May 2021

By Amit Sharma

Power plant tenders in May 2021 saw 76 tenders announced, marking a drop of 45% over the last 12-month average of 138, 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: 68 tenders and an 89.5% share
  2. Repair, Maintenance, Upgrade & Others: six tenders and a 7.9% share
  3. Consulting & Similar Services: one tender and a 1.3% share
  4. Others: one tender and a 1.3% share.

Asia-Pacific leads power plant activity in May 2021

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 19 tenders and a share of 25% during May 2021, followed by Europe with 19 tenders and a 25% share and Middle East and Africa with 19 tenders and a 25% share.

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Solar is leading technology for power plant tenders in May 2021

Among the technologies, solar accounted for 64 tenders with a 78% share, followed by wind with seven tenders and an 8.5% share and thermal with four tenders and a 4.9% share.

Power plant tenders in May 2021: Top issuers by capacity

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

  1. Ministry of Energy and Natural Resources, Turkey (Turkey): 4,000MW from one tender
  2. Kuwait Authority for Partnership Projects (Kuwait): 3,000MW from one tender
  3. Solar Energy Corporation of India (India): 1,200MW 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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