Solar PPA Company in India
Switching to renewable energy is no longer a choice — it’s a necessity for industries, corporates, and institutions. Synergy solar make this transition effortless through Solar Power Purchase Agreements (PPA). As a trusted Solar PPA company in India, we provide clean energy solutions where businesses pay only for the electricity they consume, with no upfront investment required.
A Solar PPA agreement ensures lower power costs, energy security, and long-term sustainability, all backed by professional operation and maintenance.
What is a Solar Power Purchase Agreement?
A PPA for solar power is a long-term contract (10–25 years) between a solar developer and a consumer.
The customer pays a fixed tariff for electricity consumed, generally cheaper than the grid rate.
The system can be onsite (at your premises) or offsite (from a solar farm)
The solar company invests in, builds, and maintains the solar plant.
In short, you save on energy bills while we handle investment, performance, and maintenance.
Types of Solar PPA Agreements
Hybrid Solar PPA
Virtual Solar PPA (VPPA)
Physical Solar PPA
Solar PPA vs CAPEX Model
| Feature | Solar PPA (OPEX) | CAPEX Model |
| Upfront Cost | Zero | High |
| Ownership | Developer | Consumer |
| Loan Requirement | None | Often required |
| O&M | Developer | Consumer |
| Tariff | Pay-per-unit | Free after ROI |
| Risk | On Developer | On Consumer |
| Best For | Cash-flow focused businesses | Asset-heavy corporates |
Solar PPA Financing & Loan Options
Unlike traditional CAPEX projects, a Solar PPA does not require loans or upfront financing from the consumer. The developer manages:
- Project investment (CAPEX)
- Financing arrangements with banks/investors
- Long-term O&M
This makes Solar PPA ideal for businesses that want renewable energy but don’t want debt exposure or capital blockage.
Some companies also explore Green Loans & ESG-linked finance alongside PPAs to enhance sustainability scores and attract investors.
Solar PPA Price in India
Solar PPA tariffs in India typically range between ₹3.0 to ₹5.0 per unit, depending on:
- Location and state regulations
- Scale of installation (rooftop vs utility-scale)
- Contract tenure
- Solar irradiation levels
This rate is often 25–40% lower than traditional grid electricity costs.
Our Process – How a Solar PPA Works
- Assessment – Energy demand & site study.
- Proposal – Custom PPA plan with fixed tariff.
- Agreement – Long-term PPA signing.
- Installation – Developer builds & commissions the system.
- Operation – You consume solar power, billed monthly.
- Maintenance – Ongoing monitoring & service by the developer.
Industries We Serve
- Manufacturing Plants – High energy demand during production.
- Hospitals & Healthcare – Reliable, clean power for critical facilities.
- IT Parks & Corporate Offices – Long-term energy cost control.
- Educational Institutions – Sustainable campuses with lower bills.
- Retail & Shopping Malls – Eco-friendly operations with brand visibility.
- Warehousing & Logistics Hubs – Energy-efficient large storage spaces.
Benefits of Choosing Solar PPA
Regulatory Compliance
Meet RPO (Renewable Purchase Obligation) and ESG mandates.
Sustainability Branding
Position your company as green and responsible.
No Maintenance Burden
The developer handles O&M, insurance, and upgrades.
Zero Investment
No capital expense, no loans required.
Immediate Savings
Tariffs 20–40% cheaper than grid.
Energy Security
Long-term fixed tariff avoids price hikes.
Why Choose synergy solar?
MNRE-approved EPC & Solar PPA provider
100+ MW of successful projects in India
Pan-India presence with 24/7 service support
Transparent contracts with no hidden charges
Strong financing partnerships with banks & investors
Flexible contract terms (10–25 years)
Frequently Asked Questions (FAQ) – Solar PPA Agreement
What is a Solar PPA agreement?
A Solar PPA agreement is a contract where a solar company installs and maintains the solar system, and you pay only for the electricity generated at a fixed rate per unit.
How does a PPA for solar power work?
In a PPA for solar, the provider invests in the project, sets up the solar plant, and sells electricity to you at a lower cost than grid power. You save money without owning or maintaining the system.
What is the duration of a PPA in solar?
Most solar PPA agreements are signed for 10–25 years, ensuring long-term savings and stable power costs.
How much can I save with PPA solar power?
Businesses can save 20–40% on electricity bills compared to grid tariffs with a solar PPA agreement.
Do I need to take a loan for a solar PPA?
No. With a PPA solar model, the provider handles all investment. You don’t need to spend or borrow money.
Who owns the solar plant in a PPA agreement?
The solar company (PPA provider) owns, operates, and maintains the system. You only pay for the energy consumed.
Is subsidy available for PPA for solar power?
Generally, subsidies apply only for owned solar systems (CAPEX). For PPA solar projects, subsidies are not available since ownership stays with the provider.
Can I exit a solar PPA early?
Yes, depending on contract terms. Some agreements allow early termination or buyout options.
What types of businesses use solar PPA in India?
Solar PPA agreements are ideal for factories, warehouses, IT parks, hospitals, schools, shopping malls, and other institutions with high electricity demand.
What is the difference between solar PPA and CAPEX?
In solar PPA, you pay per unit for power with zero investment. In CAPEX, you own the system but need upfront capital and handle maintenance yourself.