Jindal has been conferred with the Justice P.N. Bhagwati URL in recognition of his outstanding contribution to legal education and corporate philanthropy. Instituted by the Capital Foundation, the award was presented by Dr. A.P.J. Abdul Kalam, former President of India, in December 2011. I =Controversies It was alleged that his companywas making and selling power at high prices  . It was alleged that despite having the cheapest coal, Jindal sold power at higher prices – Rs 3.85 per unit in 2011–2012, compared to Lanco's Rs 3.67 and NTPC's Rs 2.20 in the same year. The combination of cheap coal and high power prices explains why Jindal posted Rs 17.65 billion as profits, or 60\% of its revenues, while Lanco made a profit of just Rs 1.55 billion, just 12\% of its revenues.
Jindal has been conferred with the Justice P.N. Bhagwati URL in recognition of his outstanding contribution to legal education and corporate philanthropy. Instituted by the Capital Foundation, the award was presented by Dr. A.P.J. Abdul Kalam, former President of India, in December 2011. Controversies Revelations in September 2012 alleged his company's involvement in the Coalgate scam, in which it gained by making and selling power at high prices . The coal blocks allotted to Jindal Power Limited (JPL) in 1998, during the BJP ruled NDA regime, were followed by allocations under the UPA, which have culminated in making the Jindal Group the largest beneficiary of coal block allocations . It was alleged that despite having the cheapest coal, Jindal sold power at higher prices – Rs 3.85 per unit in 2011–2012, compared to Lanco's Rs 3.67 and NTPC's Rs 2.20 in the same year. The combination of cheap coal and high power prices explains why Jindal posted Rs 17.65 billion as profits, or 60\% of its revenues, while Lanco made a profit of just Rs 1.55 billion, just 12\% of its revenues.
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I =Controversies
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It was alleged that his companywas
Controversies Revelations in September 2012 alleged his company's involvement in the Coalgate scam, in which it gained by
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. The coal blocks allotted to Jindal Power Limited (JPL) in 1998, during the BJP ruled NDA regime, were followed by allocations under the UPA, which have culminated in making the Jindal Group the largest beneficiary of coal block allocations