Power plant tenders in Q2 2019 saw 363 tenders announced, marking a drop of 25% over the last four-quarter average of 484, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 263 tenders and a 72.5% share
  2. Consulting & Similar Services: 55 tenders and a 15.2% share
  3. Repair, Maintenance, Upgrade & Others: 42 tenders and an 11.6% share
  4. Power Purchase Agreement: two tenders and a 0.6% share
  5. Supply & Erection: one tender and a 0.3% share.

Asia-Pacific leads power plant activity in Q2 2019

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 241 tenders and a share of 66.4% during Q2 2019, followed by North America with 47 tenders and a 12.9% share and Middle East and Africa with 42 tenders and an 11.6% share.

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Solar is leading technology for power plant tenders in Q2 2019

Among the technologies, solar accounted for 284 tenders with a 73.8% share, followed by hydro with 41 tenders and a 10.6% share and thermal with 28 tenders and a 7.3% share.

Power plant tenders in Q2 2019: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 10,806MW from eight tenders
  2. Kuwait Authority for Partnership Projects (Kuwait): 2,000MW from one tender
  3. Department of Electricity Development (Nepal): 1,663.1MW capacity from seven 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.