Solar RESCO • Punjab, India

We own the panels.
You own the savings.

Solavesta serves three audiences under one roof: businesses wanting cheaper power, individuals wanting to purchase solar output, and solar vendors wanting smarter tools.

MNRE AlignedPSPCL Net MeteringALMM Tier-1 PanelsSale of Goods Act 1930Indian Contract Act 1872
★ Trusted & Recognized

Backed by leading institutions

Solavesta's framework is recognized by government and academic institutions committed to India's clean energy future.

MNRE

Govt. of India — MNRE

Aligned with the Ministry of New & Renewable Energy's national rooftop solar RESCO policy framework.

DPIIT Startup India

DPIIT — Startup India

Recognized by the Dept. for Promotion of Industry & Internal Trade under the Startup India initiative.

UPES

UPES

University of Petroleum & Energy Studies — Academic partner for India's energy sector innovation.

Three ways to work with Solavesta

Choose the service that fits you. Each operates independently under its own clear legal framework.

⚡ Power Buyers
☀️ Solar Output Purchase
🛠 Solar Vendors
For homes & businesses

Rooftop solar at zero upfront cost

Solavesta installs, owns, and operates a solar system on YOUR rooftop. You pay nothing upfront. You simply buy the electricity at a PPA rate 30-50% lower than PSPCL. We maintain everything for the full contract term.

Zero Upfront Cost

We fund the entire installation. You pay only for electricity consumed, billed monthly at your PPA rate.

30-50% Lower Bills

PPA rates locked below PSPCL commercial tariffs for the full contract term. No surprise hikes ever.

Full-Service Maintenance

Panel cleaning, inverter repairs, monitoring, insurance — all covered by Solavesta. You do nothing.

1

Assess

Free site survey of your rooftop and energy consumption pattern

2

Design

Engineers design optimal system. You preview expected generation.

3

Install

Certified teams build & commission. PSPCL net metering activated.

4

Save

Consume solar power at lower rates. We maintain everything.

Get a Free Solar Assessment →
Forward purchase of solar output

Buy solar electricity output from real projects

Through our Solar Output Purchase Agreement (SOPA), you forward-purchase a defined allocation of solar electrical output from a specific named project. Solavesta generates the electricity, sells it to the power buyer, and remits your allocated output value as a monthly delivery credit. This is a bilateral commercial contract for the purchase of goods.

📄

Forward Purchase of Goods

You pre-buy a defined kWh allocation from a named solar project. Electrical energy is a commodity. This is commerce, not finance.

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Named Project, Your Slot

Every SOPA specifies exact project address, PSPCL net meter ID, total capacity, and your allocated kW slot. Independently tracked every month.

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Monthly Delivery Statements

Each month: actual kWh generated by your slot, PPA tariff applied, O&M deducted, reserve accrued, net delivery credit paid. Full transparency.

Sample project structure

Active project

Ludhiana Rooftop — LDH-001

100 kW rooftop system • Commercial power buyer • PSPCL net metered • PPA at ₹5.75/kWh (NIL GST)

10 kW
Min. slot size
~4,500
Est. kWh/yr per slot
1

Enquire

Contact us. We explain the SOPA model and share available project details.

2

KYC

Complete your PAN & Aadhaar verification. Standard process.

3

Sign SOPA

Review the agreement. Sign digitally via Aadhaar eSign from anywhere in India.

4

Receive Credits

Monthly delivery statements + credits to your bank. Track generation on dashboard.

Key facts about SOPA

Forward purchase of goods — electrical energy (HSN 2716), exempt from GST. Not a financial product.
Variable output — delivery credits depend on actual solar generation. No minimum, no floor, no guarantee.
Solavesta owns 100% — you receive output delivery value, not ownership of any equipment or project.
Monthly delivery statement
10 kW slot  ·  100 kW community solar project
₹3,00,000
Your investment
12,000 kWh
Project output
1,200 kWh
Your allocation
₹5.00/kWh
PPA tariff
Revenue
Gross value
1,200 kWh × ₹5.00
₹6,000
Deductions
O&M costs
Operations & maintenance
(₹860)
Opex
Insurance & platform fee
(₹369)
Reserve accrual
Maintenance buffer
(₹182)
Net delivery credit
₹4,588
Tax
TDS deducted at source
2% on net delivery credit
(₹91.76)
Net amount paid to your bank
₹4,496.24

This is illustrative only. Actual amounts vary monthly based on solar generation, weather, O&M costs, and applicable TDS rate. Delivery credits may be higher, lower, or zero in any given month.

Enquire About Solar Output Purchase → Read FAQs
For solar EPC vendors

Free billing, CRM & calculation tools for solar businesses

We're building India's largest solar vendor network. Get free access to professional tools built specifically for solar EPC companies. No subscription. No hidden fees. We grow when the solar ecosystem grows.

📝

GST-Compliant Billing

Generate professional quotations, tax invoices, PPA drafts, and payment receipts. All HSN codes pre-configured for solar.

🔢

Solar Calculators

System sizing, generation estimator, bill savings projector, payback calculator — everything you need for client proposals.

🌎

Pan-India Vendor Network

Join Solavesta's growing network. Get project referrals, bulk procurement access, and technical support.

1

Register

Sign up with your business details and GST number on the vendor portal

2

Verify

Our team verifies your credentials and activates your free account

3

Use

Start using billing, calculators, and CRM features immediately

4

Grow

Access referrals, training, and vendor network benefits

Register as a Vendor — It's Free →
About Solavesta

Making solar affordable.
One rooftop at a time.

Solavesta is a Renewable Energy Service Company (RESCO) based in Punjab. We install, own, and operate rooftop solar — delivering cheaper electricity to power buyers, forward solar output to purchasers, and free business tools to solar vendors.

Our SOPA model is a bilateral forward purchase of goods (electrical energy, HSN 2716) under the Indian Contract Act. Our vendor platform is India's growing solar business toolkit. Three services. One mission: affordable clean energy for everyone.

MNRE Aligned
PSPCL Registered
Tier-1 ALMM Panels
Aadhaar eSign Enabled
3
Service verticals
20+
Solar experts
100%
Client satisfaction
☀️
🏡

India's solar growth story

Government policy supports massive rooftop solar expansion. Solavesta is building at the heart of this transition.

500 GW

Renewable Target 2030

National commitment ensures long-term demand for rooftop solar.

1 Crore

PM Surya Ghar Homes

Government targeting 10 million rooftop solar households.

RESCO

Model Approved

MNRE officially recognises the RESCO framework for solar.

What people say

Trusted across Punjab

★★★★★

Solavesta installed solar on our factory roof at zero cost. Our electricity bill dropped 40% from month one. PPA rate locked in — no tariff hike worries.

DV
Deepak Verma
Factory Owner, Ludhiana
★★★★★

The SOPA model is transparent and straightforward. I can see exactly how my delivery credit is calculated each month. The settlement formula is right there in the contract.

NK
Naseem Khan
Solar Output Purchaser
★★★★★

The free vendor billing tool saved me hours every week. Professional invoices, auto-calculated GST, project tracking — all free. Can't believe I was doing this manually before.

RS
Ravi Solar Solutions
Solar EPC Vendor, Amritsar

📰 In The News

Featured in

Solavesta's mission for affordable solar energy is making headlines worldwide.

Vanakkam Tamil Nadu
Delhi Live News
South India News
Andhra Pradesh Mirror
Bihar 24x7
Telangana Journal
Odisha Post
Jharkhand Times
Maharashtra Samachar
Gujarat Varta
Vanakkam Tamil Nadu
Delhi Live News
South India News
Andhra Pradesh Mirror
Bihar 24x7
Telangana Journal
Odisha Post
Jharkhand Times
Maharashtra Samachar
Gujarat Varta
Rajasthan Ki Khabar
ANI
Lokmat Times
ThePrint
ZEE5
Business Standard
LatestLY
Indian News Network
Indian Economic Observer
Rajasthan Ki Khabar
ANI
Lokmat Times
ThePrint
ZEE5
Business Standard
LatestLY
Indian News Network
Indian Economic Observer
FAQ

Common questions

How does the RESCO model work for power buyers?
+

Solavesta installs, owns, and maintains solar on your rooftop at no cost to you. You buy the electricity at a PPA rate 30-50% lower than PSPCL. We handle everything — design, installation, approvals, maintenance. You just consume cheaper power.

What exactly is a SOPA?
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A Solar Output Purchase Agreement is a bilateral forward purchase contract for goods — specifically electrical energy (HSN 2716, GST exempt). You pre-purchase a defined kWh allocation from a named solar project. Solavesta generates the power, sells it to the power buyer, and pays you your allocated output value as a monthly delivery credit. It's governed by the Indian Contract Act 1872 and the Sale of Goods Act 1930.

Is the SOPA purchase amount refundable?
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No. The purchase amount is a non-refundable advance for forward purchase of solar output. This is a fundamental term of the agreement. Monthly delivery credits are variable — they depend on actual solar generation and may be higher, lower, or zero in any month. There is no minimum guarantee. We strongly recommend seeking independent legal and financial advice before entering a SOPA.

Is the vendor billing software really free?
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Yes, 100% free. No subscription, no trial period, no hidden charges. We're building India's solar vendor network — free tools help vendors grow their business, which strengthens the ecosystem Solavesta operates in. Register and start using immediately.

Can I sign the SOPA from anywhere in India?
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Yes. SOPAs are signed digitally using Aadhaar eSign (OTP sent to your Aadhaar-linked mobile number). This is legally equivalent to a wet signature under Section 3A of the Information Technology Act, 2000. You can sign from any city in India — Mumbai, Delhi, Bangalore, anywhere. Takes under 5 minutes.

Ready to get started?

Choose your path — cheaper electricity, solar output purchase, or free vendor tools.

Get in touch

Let's talk

Whether you want cheaper electricity, want to purchase solar output, or want free vendor tools — we'd love to hear from you.

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Office

Mohali, Punjab, India

📞

Phone

+91 97797 17957

Email

info@solavesta.in

🕑

Hours

Mon-Sat, 9:00 AM - 6:00 PM

Send an inquiry

We respond within 24 hours.