Billionaire Profile
P
Global Rank
#2009

Image: Dr R. Annantha Padmanaba Rao | CC BY-SA 3.0 | via Wikimedia Commons

P.V. Krishna Reddy

CEO, Infrastructure
INDIA
Real-Time Net Worth
$2.024B
Estimated based on Infrastructure stock value as of March 6, 2026
0% (24h)
Age
76
Source
Infrastructure
Industry
Diversified
Citizenship
INDIA

Biography

P.V. Krishna Reddy, a prominent figure in India's infrastructure sector, serves as the Managing Director of Megha Engineering and Infrastructures Ltd (MEIL). With an estimated net worth of $2.0 billion as of February 2, 2026, Reddy's wealth stems from his leadership in the construction and engineering industry. He co-founded MEIL in 1989 with his uncle, P.P. Reddy, initially focusing on pipe manufacturing before expanding into large-scale projects like dams, power plants, and roads. He is known for his strategic vision, having steered MEIL to become a major player in infrastructure development, including significant projects like the Zojila tunnel and the Kaleshwaram Lift Irrigation Project.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

P.V. Krishna Reddy was born in January 1950, in a small village in Andhra Pradesh, India. He earned a Bachelor's degree in Commerce from Andhra University and a Master's degree in Commerce from Madras University.

Rise to Success

Reddy joined his uncle, P.P. Reddy, at Megha Engineering Enterprises in 1991. Under his guidance, MEIL transitioned from manufacturing pipes to undertaking large-scale infrastructure projects. He spearheaded the expansion into various sectors, including power plants, highways, irrigation systems, and gas distribution projects across multiple states and even internationally. MEIL has become a major player in the infrastructure sector, completing significant projects and consistently delivering projects ahead of schedule.

Key Business Strategies

Reddy's strategies involve a focus on bringing new technologies to India. His approach includes early identification of opportunities and strategic diversification, such as the expansion into e-buses through Olectra Greentech. He emphasizes good execution and detailed planning, which contribute to the company's success in complex infrastructure projects.

Philanthropy

P.V. Krishna Reddy, along with his uncle, has demonstrated philanthropic endeavors, including contributions to various initiatives. In 2024, he donated ₹33 crore. He also supports the Pink Power Run through the Sudha Reddy Foundation, which promotes breast cancer awareness. In 2025, he was involved in the P4 Programme in Andhra Pradesh, aimed at poverty elimination.

Career Milestones

1991

Joined Megha Engineering Enterprises

Began his career at the company, later taking on a leadership role and driving the company's expansion.

2006

Rebranded the company

The company's name changed from Megha Engineering Enterprises to Megha Engineering & Infrastructures Limited (MEIL).

2019

Completed Kaleshwaram Lift Irrigation Project

MEIL completed India's largest lift irrigation project in Telangana.

Philanthropy & Social Impact

Community Support

Annadanam Program

Undisclosed

Daily act of kindness, nourishing hearts within the community

Health Awareness

Pink Power Run

Undisclosed

Established the Pink Power Run to promote breast cancer awareness

Poverty Elimination

P4 Programme

Undisclosed

Support to the Government of Andhra Pradesh's initiative to uplift 1.3 million families across the state.

Business Philosophy & Leadership

Leadership Principles

Focus on the needs of the common man

Prioritizing infrastructure projects that benefit the general public, like water supply, roads, and other essential services.

Execution Excellence

Focusing on execution to ensure projects are completed on time

Innovation and Technology

Embracing new technologies to enhance project quality and efficiency.

Controversies & Challenges

2019

Income Tax Raids

The Income Tax department conducted raids on MEIL's premises.

2019

Enforcement Directorate Investigation

The Enforcement Directorate launched an investigation into the company.

2024

Electoral Bonds

MEIL purchased electoral bonds worth ₹966 crore.

2025

Financial Stress

MEIL faces financial stress and family disputes, with high-interest borrowing straining finances.