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August 20, 2021

Power plant tenders down 23% in July 2021

Power plant tenders in July 2021 saw 106 tenders announced, marking a drop of 23% over the last 12-month average of 137, 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: 82 tenders and a 77.4% share
  2. Consulting & Similar Services: 14 tenders and a 13.2% share
  3. Repair, Maintenance, Upgrade & Others: ten tenders and a 9.4% share.

Asia-Pacific leads power plant activity in July 2021

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 35 tenders and a share of 33% during July 2021, followed by Europe with 28 tenders and a 26.4% share and Middle East and Africa with 26 tenders and a 24.5% share.

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Solar is leading technology for power plant tenders in July 2021

Among the technologies, solar accounted for 91 tenders with an 85.8% share, followed by hydro with five tenders and a 4.7% share and thermal with four tenders and a 3.8% share.

Power plant tenders in July 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 1,301MW from three tenders
  2. Ministry of Energy and Natural Resources, Turkey (Turkey): 1,000MW from one tender
  3. The Islamic Charity Center Society: 950MW 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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