Power industry tenders in Middle East and Africa for March 2020 down 68%
Middle East and Africa power industry tenders activity in March 2020 saw 40 tenders announced, marking a drop of 68% over the last 12-month average of 126, according to GlobalData’s power database.
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Middle East and Africa power industry tenders in March 2020: South Africa leads activity
Looking at tenders by country, South Africa led the activity in March 2020 with ten tenders and a share of 25%, up 8.7% over the previous month and down 76% when compared with the last 12 month-average, followed by Oman with eight tenders and a share of 20% and Iraq with five tenders and a share of 12.5% during the month.
Looking at the last 12-month average, South Africa held the top spot with 41 tenders, followed by Oman with 21 and Iraq with six tenders.
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Thermal is top technology area for tenders in March 2020
Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with six tenders and a 54.5% share, followed by solar with four tenders and a 36.4% share and wind with one tender and a 9.1% share.
Looking at power industry tenders divided by segment in Middle East and Africa as tracked by GlobalData, T&D Equipment was the most popular segment in March 2020, with 16 tenders, followed by T&D Project (12) and Power Plant (6).
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 19 tenders and a 47.5% share
- Project Implementation: nine tenders and a 22.5% share
- Repair, Maintenance, Upgrade & Others: six tenders and a 15% share
- Consulting & Similar Services: five tenders and a 12.5% share
- Power Purchase Agreement: one tender and a 2.5% 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.