Power plant tenders in Q3 2022 saw 44 tenders announced, marking a drop of 80% over the last four-quarter average of 223, 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:
- Repair, Maintenance, Upgrade & Others: 21 tenders and a 47.7% share
- Project Implementation: 11 tenders and a 25% share
- Others: eight tenders and an 18.2% share
- Consulting & Similar Services: four tenders and a 9.1% share.
Europe leads power plant activity in Q3 2022
Comparing tenders activity in power plant segment in different regions of the globe, Europe held the top position with 21 tenders and a share of 47.7% during Q3 2022, followed by Middle East and Africa with 16 tenders and a 36.4% share and South and Central America with six tenders and a 13.6% share.
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Hydro is leading technology for power plant tenders in Q3 2022
Among the technologies, hydro accounted for 30 tenders with a 68.2% share, followed by nuclear with seven tenders and a 15.9% share and solar with six tenders and a 13.6% share.
Power plant tenders in Q3 2022: Top companies by capacity
The top issuers of power plant tenders for the quarter in terms of power capacity involved were:
- NTPC (India): 1,150MW from one tender
- Dubai Electricity and Water Authority (United Arab Emirates): 900MW from one tender
- Maharashtra State Power Generation (India): 600MW 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.