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Committed to Sustainable Development
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Mr Alluri Sitarama Raju has over 25 years of experience in the Infrastructure, Power and Real Estate sectors as a Promoter and Leader of the developmental teams. He also served as a Trustee on the Board of Visakhapatnam Port Trust- one of the major Port Trusts in India for three consecutive terms. During his tenure, Visakhapatnam Port Trust achieved the distinction in terms of Cargo Volume handled as also Profits.
Mr. Raju is a Founder Promoter of M/s East India Petroleum Ltd- India’s First Integrated Oil, Gas and Petrochemicals Tankage Terminal in the Private Sector. This facility has pioneered the landing of Petrochemical Products on the Indian East Coast and has in turn facilitated the establishment of the renowned J L Nehru Pharma City at Visakhapatnam.
Mr. Raju’s foray into the power started with the promotion & development of Srivathsa Power, a 17MW gas based power plant which is in operation since May 2002 followed by the promotion and development of Patikari Power Pvt Ltd (16MW Hydro) and Everest Power Pvt Ltd (100MW Hydro). He is currently also a promoter Director of Athena Demwe Power Ltd (1750 MW Hydro), a major hydro power project under development in Arunachal Pradesh which has achieved its Financial Closure. He co-founded and promoted the Athena Group at Delhi which is emerging as a major player in the development of Thermal & Hydro Power Projects with a development Portfolio of 6000+ MW.
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