Global power industry tenders for January 2020 down 30%

11 February 2020 (Last Updated February 11th, 2020 08:37)

Global power industry tenders for January 2020 down 30%

Power industry tenders activity in January 2020 saw 700 tenders announced, marking a drop of 30% over the last 12-month average of 1,004, according to GlobalData’s power database.

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

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 452 tenders and a share of 64.6% during January 2020, followed by North America with 144 tenders and a 20.6% share and Europe with 50 tenders and a 7.1% share.

In fourth place was Middle East and Africa with 35 tenders and a 5% share and in fifth place was South and Central America with 19 tenders and a 2.7% share.

On the basis of the last 12-month average, Asia-Pacific held a lead over others with 630 tenders, followed by Middle East and Africa with 140.

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Thermal tops by technology in January 2020

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 118 tenders and a 51.3% share, followed by solar with 84 tenders and a 36.5% share and hydro with 16 tenders and a 7% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment during January 2020, with 268 tenders, followed by T&D Equipment (204) and Generation Equipment (110).

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

  1. Project Implementation: 284 tenders and a 40.6% share
  2. Supply & Erection: 274 tenders and a 39.1% share
  3. Repair, Maintenance, Upgrade & Others: 110 tenders and a 15.7% share
  4. Consulting & Similar Services: 22 tenders and a 3.1% share
  5. Electricity Supply: six tenders and a 0.9% share
  6. Power Purchase Agreement: four tenders and a 0.6% share.

Power tenders in January 2020: Top companies by capacity

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

  1. Ministry of Economic Affairs (Taiwan) (Taiwan): 10,000MW from one tender
  2. Solar Energy Corporation of India (India): 2,418MW from four tenders
  3. Emirates Water and Electricity (United Arab Emirates): 1,500MW capacity 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.