The New and Renewable Energy Ministry had appointed the inter-ministerial committee to enquire into the allegations after a media report last year alleged violation of guidelines in the 1,000 MW solar power project scheme of the Jawaharlal Nehru National Solar Mission (JNNSM).
The panel has made several suggestions such as refining of the guidelines so as to bring in greater clarity regarding definitions of 'net worth' and 'control', the ministry said in a release.
The ministry said these suggestions and recommendations have been duly noted for incorporation in guidelines for future biddings for projects to be allocated under JNNSM.
The Committee report and its recommendations are currently under examination by the government, the Ministry added.
Under the National Solar Mission, the government plans to produce at least 20,000 MW solar power in the country by the year 2022.