Power plant tenders up 22% in August 2020

28 September 2020 (Last Updated September 28th, 2020 10:28)

Power plant tenders up 22% in August 2020

Power plant tenders in August 2020 saw 137 tenders announced, marking a rise of 22% over the last 12-month average of 112, according to GlobalData’s power industry tenders database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Project Implementation: 116 tenders and an 84.7% share
  2. Consulting & Similar Services: 14 tenders and a 10.2% share
  3. Repair, Maintenance, Upgrade & Others: seven tenders and a 5.1% share.

Asia-Pacific leads power plant activity in August 2020

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 77 tenders and a share of 56.2% during August 2020, followed by Europe with 27 tenders and a 19.7% share and Middle East and Africa with 15 tenders and a 10.9% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for power plant tenders in August 2020

Among the technologies, solar accounted for 113 tenders with a 79.6% share, followed by hydro with 11 tenders and a 7.7% share and thermal with eight tenders and a 5.6% share.

Power plant tenders in August 2020: Top issuers by capacity

The top issuers of power plant 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.