Mr KC Venugopal minister of state for power informed the Lok Sabha that private power producers have sought key changes in the bidding guidelines for power projects to insulate developers from unforeseen business risks.

The changes in the bidding guidelines sought by power producers include fuel availability risk of domestic coal, price risk due to change in prices of fuel in coal exporting countries, delay/denial in environment & forest clearance pertaining to coal blocks etc. A committee has been set up in the Ministry of Power in response to the references received from stakeholders.