Sudan Power EPC Market - Growth, Trends, and Forecast (2020 - 2025)

The Sudani power EPC market is expected to register a CAGR of over 2% in the forecast period, 2020-2025. Factor, such as the increasing energy demand of the country due to an increasing population, are likely to drive the Sudani power EPC market. However, the lack of foreign and domestic investors and no incentives provided by the government for renewable energy sources are expected to have a negative impact on the Sudani power EPC market.

• The hydro power segment, due to the highest installation capacity, held a significant market share in 2019, and it is likely to see considerable market growth during the forecast period.
• Sudan has announced to build four nuclear power plants by 2030 to fill its energy gap. This is likely to create several opportunities in the Sudani power EPC market in the future.
• Upcoming and ongoing projects in the country to meet its energy requirement are expected to drive the Sudani power EPC market.

Key Market Trends

Hydro Power to Witness Significant Market Growth

Hydropower is generated from the flow of water and converted into electrical energy. In 2018, approximately more than 55% of the electricity generated in Sudan was from hydropower.

• Sudan's 70% of the total hydropower plants are located on the river Nile. Due to the country’s energy generation deficiency in peak hours, the government of Sudan has planned to increase hydroelectricity capacity by 500 megawatts (MW) by 2020.
• Sudan is an energy deficient country, which imports power from Ethiopia to meets its energy requirement. The government of Sudan has planned to produce the power requirement of the nation in the country only. Through hydropower, the country has the potential to generate more electricity than it needed, thus, encouraging the Sudani power EPC market.
• Therefore, owing to the above points, hydropower is likely to dominate the Sudani power EPC market during the forecast period.

Upcoming and Ongoing of Renewable Projects to Drive the Market

In 2018, the total installed capacity of the renewable energy sources in the power sector in Sudan was 2136 megawatts (MW). Renewable sources contributing to the country's energy generation include hydro energy, biofuels, and solar energy. Since Sudan is the net importer of power, increasing renewable energy in the country is expected to satisfy both energy demand as well as clean energy generation in the country.

• In 2018, the total installed capacity of renewable energy in the country was 2136 megawatts (MW), which was higher than in 2014, 1791 megawatts (MW).
• In 2016, the United Nations Development Program (UNDP), along with the Ministry of Water Resources, Irrigation, and Electricity, initiated a project named "Solar for Agriculture." This solar water pumping project comes in line with UNDP's support of Sudan's government priority to advance renewable energy in the country. It has been implemented in collaboration with the Ministry of Water Resources, Irrigation, and Electricity. The "Solar for Agriculture" project is a five-year-long project (2016-2021).
• Biofuels also play an essential role in the country's energy requirement. Biofuels produced approximately 200 gigawatt-hours (GWh) of the electricity in 2018. The ongoing project in New Halfa is under construction to provide 1200 metric ton per season of bagasse briquettes. EPC contract for the project is given to Uttam Sucrotech International Private Limited. Several factories have been built for the carbonization of agricultural residues, namely cotton stalks. The products are now commercialized. More than two thousand families have been trained to produce their cooking charcoal from the cotton stalks.
• Hence, owing to the above points, upcoming and ongoing projects are expected to drive the Sudani power EPC market during the forecast period.

Competitive Landscape

The Sudani power EPC market is consolidated. Some of the key players in the market studied include Sudanese Thermal Power Generating Company, Siemens AG, Ram Energy, Dal Group, and Bharat Heavy Electricals Limited (BHEL).

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