Power plant tenders down 39% in November 2019

16 December 2019 (Last Updated December 16th, 2019 07:27)

Power plant tenders down 39% in November 2019

Power plant tenders in November 2019 saw 78 tenders announced, marking a drop of 39% over the last 12-month average of 128, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 57 tenders and a 73.1% share
  2. Consulting & Similar Services: 12 tenders and a 15.4% share
  3. Repair, Maintenance, Upgrade & Others: nine tenders and an 11.5% share.

Asia-Pacific leads power plant activity in November 2019

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 58 tenders and a share of 74.4% during November 2019, followed by Middle East and Africa with nine tenders and an 11.5% share and Europe with eight tenders and a 10.3% share.

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Solar is leading technology for power plant tenders in November 2019

Among the technologies, solar accounted for 62 tenders with a 78.5% share, followed by hydro with seven tenders and an 8.9% share and wind with four tenders and a 5.1% share.

Power plant tenders in November 2019: Top companies by capacity

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

  1. Ministry of Energy and Natural Resources, Turkey (Turkey): 1,000MW from one tender
  2. Maharashtra State Electricity Distribution (India): 500MW from one tender
  3. Pakhtunkhwa Energy Development Organization (Pakistan): 300MW 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.