KPMG says rooftop solar power could be a game-changer for India

Rapid fall in solar prices and increase in cost of conventional power driven by fuel shortages has brought ‘grid-parity’ closer, which is expected to happen at a broad scale level by 2017 in India, according to the report,KPMG said in a report.

KPMG sees India’s cumulative solar photovoltaic market potential by 2016-17 at around 12,500 megawatts, which would include around 4,000 mw of rooftop market.