Pay Only for the Power You Use
If your goal is pure opex with zero ownership responsibilities, PPA is the simplest way forward. Which means:
Zero Upfront Capital: No initial investment required
Fixed Tariff: Predictable and guaranteed cost per kWh
No Overhead Performance Risk: Candi handles all maintenance & repairs
Which model fits your needs
Feature | PPA | PLL |
|---|---|---|
Who owns the asset? | Candi | You (from day one) |
How you pay | Per kWh consumed (fixed tariff) | Per kWh generated (performance-linked) |
Tax incentives | Candi claims, you enjoy a lower tariff instead | You claim accelerated depreciation + GST input credit |
Risk & operations | Candi designs, builds, operates, and manages performance | Candi designs, builds, operates, and manages performance |
How you pay | Those wanting zero ownership admin + pure Opex | Those wanting ownership + tax benefits with pay-as-you-generate |
Bank or No Bank, Make Candi Accountable
A bank can fund your solar. But it won’t guarantee performance.
If you choose bank finance, you can still keep Candi on your side. Through our performance management model, we operate the system, take on performance risk, and stay accountable for every kWh generated, so you’re not left carrying it.
How a PPA Works (step-by-step)
We run a disciplined, engineering-led process - from survey and string design to SLAs, monitoring and reporting - so performance on paper becomes performance on site.
of Intent
Green-light the groundwork
Proposal
Ballpark costing
Analysis
Price to your profile
Survey
On-site audit
Design
Engineer the right system
Documentation
Everything on paper
Contract
Lock the commercials
Acceptance
Sign & We kick off
Procurement
Team on site; parts in motion
Handover
Build, test, deliver
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FAQ
A Power Purchase Agreement means Candi installs and operates the solar system, and you simply buy electricity at a fixed, lower rate than you utility providerIn most cases, no upfront investment is required. In group captive open access models, a partial upfront investment may be required due to regulations. The benefits:
- Pay less for electricity from day one (30 - 50% savings vis a vis grid tariff)
- Reduce your electricity costs and avoid rising tariffs.
- No hassle - Candi owns and manages everything
Because:
- No upfront cost
- No maintenance responsibility
- No performance risk
You only pay for the electricity you use.
Your solar tariff is customised based on three key factors:
1. Location of the plant
- Determines how much electricity it can generate
2. Customer credit profile
- A better credit profile gives a lower tariff rate
Cost of building the system (capex)
- Equipment, installation, financing costs
Example:
-> If grid power costs ₹10/unit and solar is ₹7/unit:
• Every unit you consume saves ₹3
• Over time, this compounds into significant savings
You also avoid future tariff hikes as you lock in the rate for the future.
No. Since Candi owns the system, we claim the tax benefits. In return, you get a simpler, zero-investment solution.
At the end of the term: Candi transfers ownership of the system to you at a minimal cost.
After that:
- You continue to generate electricity
- You only pay for operations and maintenance
No. Candi handles everything using:
• Swiss-engineered monitoring systems
• Local expert teams on ground
We manage:
• Maintenance
• Repairs
• Monitoring
-> You simply consume power.
If your system underperforms, Candi compensates you for the lost energy savings.
Example:
If your system was expected to generate 1,00,000 units but produces only 90,000:
• That 10,000-unit shortfall = lost savings
• Candi pays you for that gap
This removes your financial downside.
