Global power industry tenders for October 2019 down 15%

18 November 2019 (Last Updated November 18th, 2019 11:44)

Global power industry tenders for October 2019 down 15%

Power industry tenders activity in October 2019 saw 851 tenders announced, marking a drop of 15% over the last 12-month average of 998, according to GlobalData’s power database.

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

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 584 tenders and a share of 68.6% during October 2019, followed by Middle East and Africa with 111 tenders and a 13% share and North America with 100 tenders and an 11.8% share.

In fourth place was Europe with 54 tenders and a 6.3% share and in fifth place was South and Central America with two tenders and a 0.2% share.

On the basis of the last 12-month average, Asia-Pacific held a lead over others with 614 tenders, followed by Middle East and Africa with 142.

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Thermal tops by technology in October 2019

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 150 tenders and a 55.4% share, followed by solar with 82 tenders and a 30.3% share and hydro with 20 tenders and a 7.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment during October 2019, with 358 tenders, followed by T&D Equipment (216) and Generation Equipment (163).

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

  1. Supply & Erection: 342 tenders and a 40.2% share
  2. Project Implementation: 335 tenders and a 39.4% share
  3. Repair, Maintenance, Upgrade & Others: 142 tenders and a 16.7% share
  4. Consulting & Similar Services: 16 tenders and a 1.9% share
  5. Electricity Supply: ten tenders and a 1.2% share
  6. Power Purchase Agreement: six tenders and a 0.7% share.

Power tenders in October 2019: Top companies by capacity

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

  1. Northern Indiana Public Service (United States): 2,600MW from two tenders
  2. NTPC (India): 1,090.29MW from two tenders
  3. Solar Energy Corporation of India (India): 600MW 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.