Sudan Power EPC Market Size (2024 - 2029)

Sudan Power EPC Market Size Summary

The Sudani power EPC market is poised for growth, driven by the increasing energy demands of a growing population. Despite challenges such as a lack of investment and government incentives for renewable energy, the market is expected to expand, particularly in the hydropower segment, which has historically held a significant share due to its high installation capacity. Sudan's plans to construct nuclear power plants by 2030 and enhance hydroelectricity capacity are anticipated to create further opportunities within the market. The country's reliance on hydropower, especially from the Nile, underscores its potential to meet domestic energy needs and reduce dependency on imported power.

Renewable energy sources, including hydro energy, biofuels, and solar energy, play a crucial role in Sudan's energy landscape. Initiatives like the "Solar for Agriculture" project, supported by the UNDP, highlight efforts to advance renewable energy. Biofuels and ongoing projects, such as those in New Halfa, contribute to the country's energy requirements and economic development. The Sudani power EPC market is characterized by a few key players, including the Sudanese Thermal Power Generating Company and Siemens AG, indicating a consolidated market structure. These factors collectively suggest a positive outlook for the market during the forecast period.