Global power industry tenders in February 2020: Thermal technology down 13%

16 March 2020 (Last Updated March 16th, 2020 07:30)

Global power industry tenders in February 2020: Thermal technology down 13%

Thermal technology tenders activity in February 2020 saw 159 tenders announced, marking a drop of 13% over the last 12-month average of 183, according to GlobalData’s power industry tenders database.

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Oil was the top category in thermal technology in terms of number of tenders for the month, accounting for 131 tenders and an 80.9% share, followed by Gas with 16 tenders and a 9.9% share. Coal stood in third place with 15 tenders and a 9.3% share.


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Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during February 2020 with a 56.6% share.

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

  1. Supply & Erection: 100 tenders and a 62.9% share
  2. Repair, Maintenance, Upgrade & Others: 52 tenders and a 32.7% share
  3. Project Implementation: four tenders and a 2.5% share
  4. Consulting & Similar Services: three tenders and a 1.9% share.

Asia-Pacific leads thermal tenders activity in February 2020

Comparing tenders activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 82 tenders and a share of 51.6% during February 2020, followed by North America with 59 tenders and a 37.1% share and Europe with 12 tenders and a 7.5% share.

In fourth place was Middle East and Africa with six tenders and a 3.8% share.

Thermal technology tenders in February 2020: Top companies by capacity

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

  1. JSC National Electric Grids of Uzbekistan and Ministry of Energy, Uzbekistan: 1,500MW from one tender
  2. JSC Navoi TPP: 650MW 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.