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Power plant tenders in Q4 2019 saw 291 tenders announced, marking a drop of 28% over the last four-quarter average of 404, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 213 tenders and a 73.2% share
  2. Repair, Maintenance, Upgrade & Others: 40 tenders and a 13.7% share
  3. Consulting & Similar Services: 36 tenders and a 12.4% share
  4. Power Purchase Agreement: two tenders and a 0.7% share

Asia-Pacific leads power plant activity in Q4 2019

Comparing tenders' activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 209 tenders and a share of 71.8% during Q4 2019, followed by Europe with 36 tenders and a 12.4% share and the Middle East and Africa with 29 tenders and a 10% share.

Solar is leading technology for power plant tenders in Q4 2019

Among the technologies, solar accounted for 216 tenders with a 73.7% share, followed by thermal with 33 tenders and an 11.3% share and hydro with 20 tenders and a 6.8% share.

Power plant tenders in Q4 2019: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 3,000MW from four tenders
  2. Northern Indiana Public Service (United States): 2,600MW from two tenders
  3. NTPC (India): 2,514.16MW capacity from nine tenders

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Electricity procurement contracts down 11% in December