Power industry tenders activity in Q2 2020 saw 2,368 tenders announced, marking a drop of 17% over the last four-quarter average of 2,846, according to GlobalData’s power database.

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Power industry tenders in Q2 2020: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 1,284 tenders and a share of 54.2% during Q2 2020, followed by North America with 673 tenders and a 28.4% share and Europe with 285 tenders and a 12% share.

In fourth place was Middle East and Africa with 87 tenders and a 3.7% share and in fifth place was South and Central America with 39 tenders and a 1.6% share.

On the basis of the last four-quarter average, Asia-Pacific held a lead over others with 1,777 tenders, followed by North America with 433.

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Thermal tops by technology in Q2 2020

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 457 tenders and a 53.2% share, followed by solar with 275 tenders and a 32% share and hydro with 71 tenders and an 8.3% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in global power tenders activity during Q2 2020, with 785 tenders, followed by T&D Project (709) and Generation Equipment (462).

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

  1. Supply & Erection: 1,031 tenders and a 43.5% share
  2. Project Implementation: 730 tenders and a 30.8% share
  3. Repair, Maintenance, Upgrade & Others: 509 tenders and a 21.5% share
  4. Consulting & Similar Services: 56 tenders and a 2.4% share
  5. Electricity Supply: 24 tenders and a 1% share
  6. Power Purchase Agreement: 15 tenders and a 0.6% share
  7. Others: three tenders and a 0.1% share.

Power tenders in Q2 2020: Top issuers by capacity

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

  1. Ministry of New and Renewable Energy, India (India): 10,000MW from one tender
  2. Ministry of Energy, Algeria: 4,000MW from one tender
  3. NHPC (India): 2,930MW 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.