Why Businesses Choose PLL
Not sure how much you could save? We’ll model your tax and tariff scenarios so you can choose the structure that works best for your business.
Claim up to 40% accelerated depreciation on your solar investment in the first year.
Claim GST input tax credit on the system cost, improving your project’s payback and overall Return on Investment.
Repayments are performance-linked per kWh, meaning you pay only when your system generates.
Three Green Flags for PLL
If this sounds like your business…
You want to own the solar asset on your balance sheet.
You want to unlock tax savings + cheaper power.
You want zero performance risk and long-term support.
Which Model Fits Your Needs
Feature | PLL | PPA |
|---|---|---|
Who owns the asset? | You (from day one) | Candi |
How you pay | Per kWh generated (performance-linked) | Per kWh consumed (fixed tariff) |
Tax incentives | You claim Accelerated Depreciation + GST input credit | Candi claims, you enjoy a lower tariff instead |
Risk & operations | Candi designs, builds, operates, and manages performance | Candi designs, builds, operates, and manages performance |
How you pay | Those wanting ownership + tax upside with pay-as-you-generate | Those wanting zero ownership admin + pure Opex |
Bank or No Bank, Make Candi Accountable
You have flexibility in how you finance your solar system.
Through Candi or through your bank.
But a bank doesn’t guarantee performance. Candi does.
Even if you’ve arranged your own finance, Candi can manage and operate your system under our performance-linked model, ensuring every kWh promised is a kWh delivered.
How PLL Works (step-by-step)
From intent to installation, here’s how we get it done:
of Intent
Green-light the groundwork
Proposal
Ballpark costing
Analysis
Model your tax and
tariff benefit
Survey
On-site technical
assessment
Design
System engineered
for your site
Documentation
Technical and commercial
documentation
Acceptance
Lock the commercials
Acceptance
Sign & We kick off
Procurement
We get to work
Handover
Build, test, deliver
Our Swiss-Engineered, locally executed process ensures performance on paper becomes performance on site.
FAQ
Performance Linked Loans lets you own the solar system, but pay for it over time. Giving you the best of a capex & an opex model. With a PLL model, you get: Asset ownership GST Input credit Accelerated Depreciation.
Choose PLL if you: Want to own the asset, want tax benefits, or are thinking long-term about savings. It gives higher overall returns compared to PPA.
Since you own the system, it is treated like a business purchase. That means you can claim GST input credit just like you would for machinery, reducing your overall cost. Example: Let’s say your solar system costs ₹1 crore + GST. The GST component (~₹8.9 lakhs) can be claimed back as input credit. So effectively, your net cost comes down significantly.
In India, you can claim 40% depreciation in Year 1 on the solar asset. And continue depreciating the remaining value over time until the asset is fully written off. What this means: You reduce your taxable income in the first year itself. Example: If your system costs ₹1 crore, You can depreciate ₹40 lakh in Year 1. That reduces your taxable profits, which directly reduces your tax outgo. For many businesses, this creates a strong early cash flow benefit.
No! And this is where Candi stands out. We combine Swiss engineering intelligence with strong local teams in India to manage your system end-to-end. More importantly, our incentives are aligned with yours:We get paid based on the electricity the system generates. So, the better your system performs, the better it is for both of us. That means continuous optimisation, not just maintenance. We manage the asset as if it were our own.
