Power plant tenders in Q3 2019 saw 314 tenders announced, marking a drop of 30% over the last four-quarter average of 446, 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:
- Project Implementation: 277 tenders and an 88.2% share
- Consulting & Similar Services: 23 tenders and a 7.3% share
- Repair, Maintenance, Upgrade & Others: 14 tenders and a 4.5% share.
Asia-Pacific leads power plant activity in Q3 2019
Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 245 tenders and a share of 78% during Q3 2019, followed by Middle East and Africa with 29 tenders and a 9.2% share and Europe with 23 tenders and a 7.3% share.
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Solar is leading technology for power plant tenders in Q3 2019
Among the technologies, solar accounted for 268 tenders with an 83.2% share, followed by wind with 22 tenders and a 6.8% share and thermal with 15 tenders and a 4.7% share.
Power plant tenders in Q3 2019: Top companies by capacity
The top issuers of power plant tenders for the quarter in terms of power capacity involved were:
- Solar Energy Corporation of India (India): 4,272.52MW from six tenders
- Urzad Regulacji Energetyki (Poland): 2,500MW from one tender
- NTPC (India): 2,490.26MW 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.