L V P E I Experience - L V Prasad Eye Institute

A Commitment to the Community

Nava Bharat Ventures Limited (formerly Nava Bharat Ferro Alloys Limited) is a business conglomerate with interests in power generation, ferro alloys, mining and sugar with multinational operations spread over India, South East Asia and Africa. Over the past three decades, the organization has won numerous accolades, each a testimony to its all-round performance in energy management, safety, work place excellence, environment protection, exports, productivity, industrial relations, labour welfare, rural development, etc.


Nava Bharat Ventures Limited (NBV) is led by Mr Ashok Devineni, Chairman and Mr P T Vikram Prasad, Managing Director. Since its inception in 1972, NBV has been allocating a part of its profi ts for rural developmental activities in backward areas located around the company's manufacturing plants, with special focus on education, health and provision of drinking water. Over the last few decades, the company has spearheaded numerous health initiatives for the benefi t of the rural poor. It now manages three full-fl edged schools that provide quality education to the backward and tribal communities of Andhra Pradesh and Orissa.

In 1989, a few years after L V Prasad Eye Institute, Hyderabad, opened its doors, the NBV founder family joined its group of committed supporters. They supported setting up of a world class eye bank at the institute, namely the Ramayamma International Eye Bank to honour the mother-in-law of the founder Chairman, Dr D Subba Rao. The eye bank is today not only the most effective eye bank in this part of the world, enabling LVPEI to perform over 1300 cornea transplant surgeries annually but is also a major resource and training centre in the region.

Extending support for establishment of eye care centres

To serve the needs of a large tribal and underprivileged population, NBV has been supporting LVPEI's initiatives in providing quality eye care to the underserved. In 2005- 2006, NBV provided fi nancial assistance to set up L V Prasad Eye Institute at Bhubaneswar, Orissa, that opened its doors in July 2006.

In February 2011, LVPEI opened a secondary eye care centre, 'Nava Bharat Eye Centre' at Paloncha in Khammam district of Andhra Pradesh. NBV not only provided the land but also constructed the building for the eye centre and is committed to supporting it till the centre becomes self-sustainable.

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Other interests in eye care include its association with Operation Eyesight Universal in establishing a Comprehensive Eye Care Unit in Zambia at the University Teaching Hospital in Lusaka, which will partner with the Zambian Ministry of Health.