Premier Morris Iemma says he is not backing down on plans to sell-off the state's retail electricity assets, despite facing ALP party bosses today.
Mr Iemma was called to explain the reasons behind his decision to defy the overwhelming votes of ALP delegates in May and push ahead with his $10 billion sale.
The Premier has told 2GB's Philip Clark he outlined his position to the party's administration committee again today, but is still open to negotiations.
"I released another one of the reports that have examined the Government's package and again it says it stacks up, it's sound, it addresses all of the issues," Mr Iemma said.
"But if you've got additional concerns about protecting jobs, then let's have those discussions."
Mr Iemma arrived at NSW ALP headquarters in Sydney about 9.30am (AEST) today ahead of his scheduled 11am meeting with the party's administrative committee.
He premier left the meeting just before 1.30pm saying discussions had been frank and he'd stressed he was still willing to negotiate on the matter.
"The government didn't end discussions. We didn't close the door. The door is open for further discussions," Mr Iemma told reporters.
"Their (alternative proposals) have obviously got to meet the objectives of the state and that's to secure our supply."
While speaking to the media, Mr Iemma was drowned out by an anti-privatisation protester, who claimed the premier was a "sell-out".
About 10 protesters also flanked Mr Iemma with anti-privatisation placards which read "Power Sell Offs You Will Pay More".
Mr Iemma said that during discussions he outlined the government's package and the reasons for the sell-off.
The NSW government claims it will save $15 billion under its plan to lease out its power stations and sell all but the poles and wires assets of Energy Australia, Integral Energy and Country Energy.