Power plant tenders down 6% in November 2020

14 December 2020 (Last Updated December 14th, 2020 07:21)

Power plant tenders down 6% in November 2020

Power plant tenders in November 2020 saw 117 tenders announced, marking a drop of 6% over the last 12-month average of 124, 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: 100 tenders and an 85.5% share
  2. Consulting & Similar Services: 11 tenders and a 9.4% share
  3. Repair, Maintenance, Upgrade & Others: six tenders and a 5.1% share.

Asia-Pacific leads power plant activity in November 2020

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 59 tenders and a share of 50.4% during November 2020, followed by Middle East and Africa with 31 tenders and a 26.5% share and North America with 13 tenders and an 11.1% share.

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Solar is leading technology for power plant tenders in November 2020

Among the technologies, solar accounted for 103 tenders with an 86.6% share, followed by hydro with eight tenders and a 6.7% share and thermal with four tenders and a 3.4% share.

Power plant tenders in November 2020: Top issuers by capacity

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

  1. Germany Trade And Invest (Germany): 900MW from one tender
  2. Gujarat State Electricity (India): 140MW from one tender
  3. Ministry of Infrastructure and Energy (Albania) and Municipal Corporation of Greater Mumbai: 100MW 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.