Power plant tenders down 46% in September 2019

21 October 2019 (Last Updated October 21st, 2019 12:36)

Power plant tenders down 46% in September 2019

Power plant tenders in September 2019 saw 76 tenders announced, marking a drop of 46% over the last 12-month average of 140, 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: 68 tenders and an 89.5% share
  2. Consulting & Similar Services: five tenders and a 6.6% share
  3. Repair, Maintenance, Upgrade & Others: three tenders and a 3.9% share.

Asia-Pacific leads power plant activity in September 2019

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 57 tenders and a share of 75% during September 2019, followed by Middle East and Africa with nine tenders and an 11.8% share and Europe with six tenders and a 7.9% share.

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Solar is leading technology for power plant tenders in September 2019

Among the technologies, solar accounted for 62 tenders with a 76.5% share, followed by wind with nine tenders and an 11.1% share and thermal with four tenders and a 4.9% share.

Power plant tenders in September 2019: Top companies by capacity

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

  1. NHPC (India): 2,000MW from one tender
  2. Solar Energy Corporation of India (India): 1,200MW from one tender
  3. DTE Energy (United States): 400MW 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.