Global power industry tenders for December 2019 down 11%

10 January 2020 (Last Updated January 10th, 2020 06:13)

Global power industry tenders for December 2019 down 11%

Power industry tenders activity in December 2019 saw 884 tenders announced, marking a drop of 11% over the last 12-month average of 994, according to GlobalData’s power database.

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Power industry tenders in December 2019: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 564 tenders and a share of 63.8% during December 2019, followed by North America with 141 tenders and a 16% share and Middle East and Africa with 88 tenders and a 10% share.

In fourth place was Europe with 83 tenders and a 9.4% share and in fifth place was South and Central America with eight tenders and a 0.9% share.

On the basis of the last 12-month average, Asia-Pacific held a lead over others with 622 tenders, followed by Middle East and Africa with 140.

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Thermal tops by technology in December 2019

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 177 tenders and a 59.4% share, followed by solar with 90 tenders and a 30.2% share and hydro with 15 tenders and a 5% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment during December 2019, with 374 tenders, followed by T&D Equipment (200) and Generation Equipment (168).

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

  1. Project Implementation: 334 tenders and a 37.8% share
  2. Supply & Erection: 296 tenders and a 33.5% share
  3. Repair, Maintenance, Upgrade & Others: 222 tenders and a 25.1% share
  4. Consulting & Similar Services: 20 tenders and a 2.3% share
  5. Power Purchase Agreement: eight tenders and a 0.9% share
  6. Electricity Supply: four tenders and a 0.5% share.

Power tenders in December 2019: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 2,400MW from two tenders
  2. NTPC (India): 1,523.87MW from four tenders
  3. Bundesnetzagentur (Germany): 1,000MW 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.