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  1. Market Data
September 8, 2021

Power plant tenders down 20% in August 2021

By admin-demo

Power plant tenders in August 2021 saw 111 tenders announced, marking a drop of 20% 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: 91 tenders and an 82% share
  2. Consulting & Similar Services: ten tenders and a 9% share
  3. Repair, Maintenance, Upgrade & Others: nine tenders and an 8.1% share
  4. Others: one tender and a 0.9% share.

Asia-Pacific leads power plant activity in August 2021

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 34 tenders and a share of 30.6% during August 2021, followed by Middle East and Africa with 30 tenders and a 27% share and Europe with 22 tenders and a 19.8% share.

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Solar is leading technology for power plant tenders in August 2021

Among the technologies, solar accounted for 99 tenders with an 86.8% share, followed by thermal with five tenders and a 4.4% share and hydro with five tenders and a 4.4% share.

Power plant tenders in August 2021: Top companies by capacity

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

  1. Ministry of Electricity and Water (Kuwait): 7,200MW from two tenders
  2. Russian Association of Wind Power Industry (Russia): 6,700MW from one tender
  3. NHPC (India): 700MW 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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