KOLKATA : India topped tenders for power generation capacity globally during the quarter ended December 31.
Top issuers of power plant tenders globally for the quarter in terms of power capacity Solar Energy Corporation of India (3,000MW) from four tenders, Northern Indiana Public Service in the United States for 2,600MW from two tenders and NTPC at 2,514 MW capacity from nine tenders.
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 Middle East and Africa with 29 tenders and a 10% share.
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.
Globally, however, power plant tenders during Q4 of calendar 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.
Proportion of tenders by category in the quarter was as follows included project implementation at 213 tenders and a 73.2% share, repair, maintenance, upgrade & others at 40 tenders and a 13.7% share, consulting & similar services at 36 tenders and a 12.4% share, power purchase agreement at two tenders and a 0.7% share.
Source : Global Data
