Global power industry tenders for August 2020 down 7%

17 September 2020 (Last Updated September 17th, 2020 14:21)

Global power industry tenders for August 2020 down 7%

Power industry tenders activity in August 2020 saw 794 tenders announced, marking a drop of 7% over the last 12-month average of 857, according to GlobalData’s power database.

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Power industry tenders in August 2020: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 331 tenders and a share of 41.7% during August 2020, followed by North America with 236 tenders and a 29.7% share and Europe with 112 tenders and a 14.1% share.

In fourth place was Middle East and Africa with 83 tenders and a 10.5% share and in fifth place was South and Central America with 32 tenders and a 4% share.

On the basis of the last 12-month average, Asia-Pacific held a lead over others with 522 tenders, followed by North America with 157.

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Thermal tops by technology in August 2020

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 182 tenders and a 52.1% share, followed by solar with 131 tenders and a 37.5% share and hydro with 15 tenders and a 4.3% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment during August 2020, with 277 tenders, followed by Generation Equipment (176) and T&D Project (175).

The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 382 tenders and a 48.1% share
  2. Project Implementation: 239 tenders and a 30.1% share
  3. Repair, Maintenance, Upgrade & Others: 135 tenders and a 17% share
  4. Consulting & Similar Services: 24 tenders and a 3% share
  5. Electricity Supply: six tenders and a 0.8% share
  6. Others: four tenders and a 0.5% share
  7. Power Purchase Agreement: four tenders and a 0.5% share.

Power tenders in August 2020: Top issuers by capacity

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

  1. Ministry of Climate (Poland): 3,200MW from one tender
  2. Department of Mineral Resources and Energy: 2,000MW from one tender
  3. NTPC (India): 1,070.13MW capacity from two tenders.

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.