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November 12, 2021

Power plant tenders down 21% in October 2021

Power plant tenders in October 2021 saw 106 tenders announced, marking a drop of 21% over the last 12-month average of 134, 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: 96 tenders and a 90.6% share
  2. Consulting & Similar Services: seven tenders and a 6.6% share
  3. Repair, Maintenance, Upgrade & Others: two tenders and a 1.9% share
  4. Others: one tender and a 0.9% share.

Middle East and Africa leads power plant activity in October 2021

Comparing tenders activity in power plant segment in different regions of the globe, Middle East and Africa held the top position with 46 tenders and a share of 43.4% during October 2021, followed by Asia-Pacific with 24 tenders and a 22.6% share and Europe with 22 tenders and a 20.8% share.

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Solar is leading technology for power plant tenders in October 2021

Among the technologies, solar accounted for 96 tenders with an 88.1% share, followed by wind with eight tenders and a 7.3% share and hydro with three tenders and a 2.8% share.

Power plant tenders in October 2021: Top companies by capacity

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

  1. Renewable Energy and Electricity Efficiency Organization: 10,000MW from one tender
  2. Solar Energy Corporation of India (India): 2,400MW from two tenders
  3. Dutch Ministry of Economic Affairs (Netherlands): 1,400MW 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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