Own the Asset. Unlock Tax Benefits. Pay As you Generate

Only pay for the energy generated. Plus, you claim accelerated depreciation and GST input credit.

Talk to our experts
Talk to our experts

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.

Accelerated Depreciation (AD)

Claim up to 40% accelerated depreciation on your solar investment in the first year.

GST Input Credit

Claim GST input tax credit on the system cost, improving your project’s payback and overall Return on Investment.

Pay as You Generate

Repayments are performance-linked per kWh, meaning you pay only when your system generates.

Fit Check

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

Then PLL is the simplest “yes” you’ll make this year.
PLL vs PPA

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 generated (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 with pay-as-you-generate

Those wanting zero ownership admin + pure Opex

Want asset ownership + tax advantages with pay-as-you-generate? → Choose PLL
Choose PLL
Choose PLL
Want pure OPEX with zero ownership admin? → Explore PPA
Explore PPA
Explore PPA
Why Candi

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.

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

How PLL Works (step-by-step)

From intent to installation, here’s how we get it done:

01
Client Letter

of Intent

Green-light the groundwork

02
Indicative Cost

Proposal

Ballpark costing

03
Financial

Analysis

Model your tax and
tariff benefit

04
Site
Survey

On-site technical
assessment

05
Detailed

Design

System engineered
for your site

06
Project
Documentation

Technical and commercial
documentation

07
Final Contract &
Acceptance

Lock the commercials

08
Contract
Acceptance

Sign & We kick off

09
Mobilisation &
Procurement

 We get to work

10
Installation, Commissioning &
Handover

Build, test, deliver

Our Swiss-engineered, locally executed process ensures performance on paper becomes performance on site.

Proof of Work

See PLL in action

Bangalore Metallurgical: Powering the Future of Foundries

5.5 MWp Open Access Solar | PLL Model | Hoskote, Karnataka

Read more
SEE ALL PROJECTS

FAQ

01
Do I really pay only when it generates?

Yes. Under PLL, your repayments are linked directly to the system’s generation. If the system produces less, you pay less ensuring you’re never paying for underperformance. It aligns incentives: you get predictable cash flow; we stay fully accountable for generation.

02
Who handles O&M and performance?

Candi does, end to end. We design, build, operate, monitor, and maintain the system, including preventive and corrective maintenance. Our teams track 40+ data points every 5 minutes, ensuring issues are detected early and resolved quickly.You own the asset, but never the operational burden or performance risk.

03
What’s the tax benefit?

With PLL, you own the system, which means you claim: Accelerated Depreciation (40% in Year 1)GST input tax credit on the system cost. Together, these benefits reduce your taxable income and improve your post-tax cash flow, often making PLL more cost-effective than traditional loans or CAPEX.

04
Is GST payable upfront?

Yes, GST is paid upfront, but it is fully reimbursable through your GST input credit mechanism. In many cases, customers recover the GST credit in the same financial period, improving early-year liquidity.

05
How does the process work?

PLL follows a clear and disciplined project delivery path:
1. Letter of Intent: You green-light the groundwork.
2. Survey: We assess the site technically and structurally.
3. Design: Swiss-engineered solutions tailored to your energy profile.
4. Contract: Commercials and terms are finalised.
5. Build: We procure, install, commission, and hand over the system.
6. Operate: Candi manages ongoing performance and maintenance for the long term.