A solar EPC, and a growing independent power producer.
Established in 2013. We design, build, finance, own and operate clean-power assets for commercial and industrial consumers — and we still answer for them in year twenty-five.
A turnkey solar EPC, and a growing independent power producer.
Why we exist
To help commercial and industrial organisations decarbonise at scale by delivering reliable, economically viable clean power — as a turnkey EPC and a growing independent power producer — through on-site solar, off-site open access, battery storage and day-to-day energy management, with structures that fit every balance sheet: CAPEX, OPEX or open access.
To be a globally recognised catalyst for deep decarbonisation — a future in which every enterprise can harness the power of the sun to drive growth without compromising the planet.
Every engagement is judged against one question: does it cut the client’s cost of energy and their carbon line — durably, for twenty-five years?
From one rooftop to a 190+ MW platform.
Founded
Sunbeam Real Ventures established in New Delhi — solar EPC for commercial and industrial consumers.
The anchor mandate
The first Varun Beverages rooftop and the first Fortis hospital plant — the repeat relationships the company was built on.
Across borders
Delivery extends to DRC Congo, Zambia, Zimbabwe, Nepal and Sri Lanka — one standard, five countries.
Becoming an IPP
Beyond building for clients: owning and operating plants ourselves under long-term power purchase agreements.
The storage era
Two solar parks in development — 22.5 MWp with 7.5 MWh of co-located storage at Chamu, Rajasthan, nearing commissioning, and 30 MWp at Chitrakoot, Uttar Pradesh, targeting commissioning in March 2027.
What has not changed: senior attention on every megawatt, and re-orders as the measure that matters.
Seventy-four commissioned projects, and two parks in development.
An owned IPP book of 4.4 MWp operating and 52.5 MWp in development. Where we own the plant, our incentive and the client’s are identical for the full term.
85+ MW under asset management, including plants other contractors built, run to an average performance ratio above 80%.
25.4 GWh scheduled, banked and settled — because generating the unit is only half the job, and getting paid properly for it is the other half.
Four things we will not trade away.
Stated three ways, because they mean different things.
Most solar companies publish one blended megawatt figure. It flatters, and it tells you nothing. Here is what we have finished, what we look after, and what the platform totals.
The 190+ MW figure includes assets under construction and assets we own, so it is deliberately not the same as the commissioned number — we publish both rather than blending them. Figures per the Vibgyor Energy Corporate Profile, July 2026.
Who leads Vibgyor.
An executive board, and a senior bench recruited from the companies that built India's renewable sector. Between them the people below have delivered several gigawatts before Vibgyor, and they are the people who answer on your project.
Sunil Gadhoke
Three decades in Indian power, supplying critical generation equipment to hydro and coastal thermal stations before founding Sunbeam Real Ventures in 2013. Chairs the board, and holds the utility and industrial relationships the business was built on.
Viraj Gadhoke
Fifteen years in solar across India and Japan, previously with Welspun, and co-founder of both Binjj Technology and Vibgyor Energy. Graduate of Babson College. Leads development, strategy and finance, and signs the performance guarantees the company contracts to.
Ishaan Gadhoke
Seven years across project management, commercial analytics, finance and strategy, previously at Reckitt Benckiser. Graduate of Bryant University. Runs the commercial side — origination, capital, and the structures behind the plants Vibgyor owns.
Senior team
Amarjeet Singh
18+ years in financial control, treasury, taxation and compliance
Satyaki Dey
14+ years; ~US$300M closed across debt and equity. Ex-SunEdison, Azure Power, JBM
Utsav Jain
16+ years across 1.8 GW of solar; CTU/STU connectivity. Ex-ReNew Power, Rays Power
Atul Aggarwal
15+ years executing 80+ MW solar and 750+ MW thermal
Shagufta Shahnaz
10+ years designing 100 MW+ of renewable electrical systems
Surya Sankar Das
Runs the operating fleet — maintenance, monitoring, performance guarantees
Yesubabu Tokala
10+ years across 450 MW+; audits, diligence and risk. Ex-Gentari, Brookfield Renewable
Umang Joshi
C&I business development — site assessments and commercial proposals
The paperwork a regulated buyer asks for.
Certifications matter less for what they say than for what they require: documented process, audited annually, by an organisation that has to keep passing.
Empanelled and affiliated
- NTPC empanelled — India's largest power producer.
- MNRE empanelled — the Ministry of New and Renewable Energy.
- USICEF — the US-India Clean Energy Finance initiative, awarded for open-access solar in Haryana and Uttar Pradesh.
- CREST — the Chandigarh Renewable Energy, Science & Technology Promotion Society.
- Indraprastha Gas Limited.
Industry recognition
- Company of the Year (EPC), Solar Energy Solutions — Platinum
- Solar EPC Company of the Year — Large-Scale Industrial
- Rooftop Project Developer of the Year — Industrial
- Company of the Year — Distributed Solar Asset Management
- Team of the Year — Operations & Maintenance
- Project Design Team of the Year — Leadership Award
- Project Excellence Award — Construction Management
Awards are pleasant. The safety record and the performance ratio are the numbers that actually decide whether a client re-orders — and both are maintained by permit-to-work discipline, walkways, rails and lifelines as standard, and daily photographic progress reporting to the client.
Contribution towards a sustainable environment.
Our plants do not just cut a tariff. Every megawatt-hour displaces grid power that would otherwise be generated largely from coal — and the displacement is measurable, metered and auditable.
Send us twelve months of bills.
We size every proposal from your actual consumption — not a rule of thumb. The analysis, site survey and techno-commercial proposal come back free, with no commitment.