The objective of the report is to evaluate each of the four distinct scenarios in terms of speed of deployment, implementation challenges and potential for job creation.

Tobias Engelmeier, Founder & Director, Bridge To India, said, "The realizable potential for solar power generation in India is between 110 GW (1,10,000 MW) to 145 GW (1,45,000 MW) across different types of systems. The four scenarios together could easily create over 6,75,000 solar jobs in India in the next 10 years."

The report shows that currently the ultra-mega plants with a levelised generation cost of Rs 6.6 per unit and a landed cost of Rs 8.4 per unit are most attractive and are already at parity with imported coal.

With an expected rise in imported coal prices, all the other three scenarios will also be able to achieve parity with imported coal over the next three years.

In the long term, large rooftop systems will be the cheapest option for Indian with a levelised generation cost of Rs 6.6 per unit and a landed cost of Rs 6.7 per unit by 2024.

The findings of the report also indicate that Rooftop projects can lead to significantly higher job creation than large projects. The small rooftop scenario would contribute the most, with around 3,25,000 new jobs for 25,000 MW.