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Q2 Power Plant Tender Activity For Middle East Down By 23%

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There were 30 power plant tenders announced in the Middle East and Africa region in Q2 2020, marking a drop of 23% over the last 12-month average of 39, according to GlobalData’s power industry tenders database.

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Power Plant stood at first place when compared with other power tender categories in the Middle East and Africa region in Q2 2020 with 30 tenders and a 33.3% share, followed by T&D Project with 23 tenders and a 25.6% share and T&D Equipment with 19 tenders and a 21.1% share during the quarter.

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

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  1. Project Implementation: 17 tenders and a 56.7% share
  2. Consulting & Similar Services: seven tenders and a 23.3% share
  3. Repair, Maintenance, Upgrade & Others: six tenders and a 20% share.

Looking at power plant tenders by the type of technology in the Middle East and Africa region, solar accounted for 17 tenders with a 54.8% share, followed by thermal with six tenders and a 19.4% share and hydro with six tenders and a 19.4% share.

Also Read  Jordan Sees 10% Drop In Renewable Energy License Applications In 2023

Solar is top technology for Middle East and Africa power plant tenders in Q2 2020

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