P.P. Reddy is an Indian industrialist and executive chairman of Megha Engineering and Infrastructure Limited (MEIL). As per the report of Forbes, He is one of the richest persons in Hyderabad, India.[1][2][3]
Pamireddy Pitchi Reddy | |
|---|---|
| Born | |
| Nationality | Indian |
| Occupation | Industrialist |
| Spouse | Rama Reddy Pamireddy |
| Children | 2 |
| Parents |
|
Life and career
editP.P. Reddy was born into a farmer family in 1957 in Dokiparru village, Krishna district, Andhra Pradesh, India.[4]
P.P. Reddy founded Megha Engineering Enterprises in 1989 with his two staff in Balanagar, Medchal district, Hyderabad to construct tiny pipes for municipalities.[5]
In 2006, he changed the company's name from "Megha Engineering Enterprises" to "Megha Engineering and Infrastructure Limited (MEIL)".[3]
2019 saw the start of construction of Telangana's largest lift irrigation project by value, which Reddy and his business MEIL are building.[6]
Reddy oversees the company's operations in renewable energy, irrigation, power, and water supply under MEIL.[7] He acquired assets to enter the defence industry and launch ventures abroad in Bangladesh, Jordan, Tanzania, Zambia, and Kuwait.[6]
Philanthrophic Work
editReddy adopted his birthplace of Dokiparru in the Gudlavalleru Mandal, where he established the first free, solar-powered programme for clean drinking water in the nation. The project's construction cost Rs 4 crore. Additionally, he pledged to build a hospital and school for the neighbourhood. In addition to Dokiparru, Reddy has welcomed many more villages.[8]
Reddy had previously settled at Jamulapalle, a village in the East Godavari district's Pithapuram mandal. Even a mineral water factory was built to offer the inhabitants access to clean drinking water.[9] As part of the Swachh Bharat campaign, he took up cleaning and hygienic duties in numerous communities.[10]He also built a wedding ceremony hall in Jamulapalli.
Additionally, Reddy built the Oncology Center at the NIMS Hospital in Hyderabad, equipped it with contemporary amenities, and offered free meals at the Osmania, Niloufer, and MNJ cancer hospitals.[11][12][13]
Personal life
editReddy is married to Rama Reddy, and the couple has two daughters, Manjali and Megha. Rama Reddy Pamireddy is one of the directors of MEIL.[14][15]
References
edit- ^ "Megha's PP Reddy richest in TS with 13,400 cr". Thehansindia.com. 26 September 2019. Retrieved 29 July 2024.
- ^ "From farmer's son to net worth of Rs 33,113 crore, how PP Reddy became India's 43rd richest person". DNA India. 29 November 2022. Retrieved 29 July 2024.
- ^ a b "P.P. Reddy". Forbes.
- ^ "P.P. Reddy & family". Forbes.
- ^ "The Splendid Life of P.P. Reddy Founder and Executive Chairman, Megha Engineering & Infrastructures Ltd". You and I. 25 September 2022. Retrieved 29 July 2024.
- ^ a b Bahree, Megha (1 November 2019). "India's Richest 2019: PP Reddy's Ambitious Plan To Move A River". Forbes India.
- ^ Samdani, MN (15 January 2018). "A gift to home town: MEIL promotors launch drinking water scheme in Andhra's Krishna". The Times of India. Retrieved 29 July 2024.
- ^ "MEIL Chief Vows to Turn Dokiparru into Model Village". The New Indian Express. 14 January 2015. Retrieved 29 July 2024.
- ^ Reddy, Srikanth (6 January 2019). "Safe drinking water to Jamulapally". Thehansindia.com. Retrieved 29 July 2024.
- ^ Sharma, Swati (27 May 2019). "The city's billionaire club". Deccan Chronicle. Retrieved 29 July 2024.
- ^ "Telangana Health Minister inaugurates reconstructed oncology centre at Hyderabad's Nizam Institute of Medical Sciences". Business World. 1 September 2021. Retrieved 29 July 2024.
- ^ "K T Rama Rao inaugurates 50-bed medical oncology unit at NIMS". The New Indian Express. 15 September 2018. Retrieved 29 July 2024.
- ^ "సిద్దిపేటలో 'సద్దిమూట': రూ. 5కే భోజనం". One India (in Telugu). 14 October 2014. Retrieved 29 July 2024.
- ^ "All DG-GIs have power to search firms nationwide". Deccan Chronicle. 20 July 2019. Retrieved 29 July 2024.
- ^ "MEIL Inaugurates Safe Drinking Water Scheme In Jamulapally". klapboardpost. 6 January 2019. Retrieved 29 July 2024.