Generation equipment tenders down 17% in October 2019

26 November 2019 (Last Updated November 26th, 2019 06:26)

Generation equipment tenders down 17% in October 2019

Generation equipment tenders in October 2019 saw 163 tenders announced, marking a drop of 17% over the last 12-month average of 197, 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. Supply & Erection: 131 tenders and an 80.4% share
  2. Repair, Maintenance, Upgrade & Others: 31 tenders and a 19% share
  3. Consulting & Similar Services: one tender and a 0.6% share.

Asia-Pacific leads generation equipment activity in October 2019

Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 99 tenders and a share of 60.7% during October 2019, followed by North America with 38 tenders and a 23.3% share and Middle East and Africa with 14 tenders and an 8.6% share.

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Thermal is leading technology for generation equipment tenders in October 2019

Among the technologies, thermal accounted for 141 tenders with an 88.1% share, followed by hydro with ten tenders and a 6.3% share and solar with six tenders and a 3.8% share.

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.