Zero Capex. Zero Risk. Guaranteed Performance

With Candi’s Power Purchase Agreement (PPA), you get clean, reliable solar energy with zero upfront capital. We finance, build, maintain, and insure it. You simply pay for the energy you consume, cheaper than your utility tariff.

Talk to our experts
Talk to our experts
Fit Check

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

PPA vs PL

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 tax incentives based on your country’s regulations.

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

Want zero ownership and hassle-free opex savings?
Choose PPA
Choose PPA
Want ownership + tax benefits?
Explore PLL
Explore PLL
Why Candi

Bank or No Bank, Make Candi Accountable.

A bank can finance solar.
But it won’t guarantee performance.
Under PPA, Candi’s return depends on generation.If the system underperforms, we carry that risk.

Keep the bank. Add Candi for performance you can count on.

How 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.

01
Client Letter

of Intent

Green-light the groundwork.

02
Indicative Cost

Proposal

Ballpark costing

03
Financial

Analysis

Price to your profile

04
Site
Survey

On-site audit

05
Detailed

Design

Engineer the right system

06
Project
Documentation

Everything on paper

07
Final
Contract

Lock the commercials

08
Contract
Acceptance

Sign & We kick off

09
Mobilisation &
Procurement

Team on site; parts in motion

10
Installation, Commissioning &
Handover

Build, test, deliver

Our Success Stories

See What’s Possible With Flexible Solar Financing

Kings Park, South Africa

Solar that delivers strong performance and business continuity for King’s Park Stadium in ZA

View Case Study
View Case Study

Airtel India

Solar that delivers strong performance and business continuity for telecom services in India.

View Case Study
View Case Study

FAQ

01
What is a PPA?

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

02
Why is PPA considered risk-free?

Because:
- No upfront cost
- No maintenance responsibility
- No performance risk

You only pay for the electricity you use.

03
How is the electricity price decided?

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.

04
Do I get tax benefits in a PPA?

No. Since Candi owns the system, we claim the tax benefits. In return, you get a simpler, zero-investment solution.

05
What happens at the end of the contract?

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

06
Do I need to manage the system?

No. Candi handles everything using:

• Swiss-engineered monitoring systems
• Local expert teams on ground

We manage:
• Maintenance
• Repairs
• Monitoring

-> You simply consume power.

07
What happens if the system underperforms?

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.