I have lost private key of my AWS instance.I searched the option in console panel.
I'm afraid you might be out of luck:
When you launch an instance, you should specify the name of the key pair you plan to use to connect to the instance. If you don't specify the name of an existing key pair when you launch an instance, you won't be able to connect to the instance. When you connect to the instance, you must specify the private key that corresponds to the key pair you specified when you launched the instance. Amazon EC2 doesn't keep a copy of your private key; therefore, if you lose a private key, there is no way to recover it. If you lose the private key for an instance store-backed instance, you can't access the instance; you should terminate the instance and launch another instance using a new key pair. If you lose the private key for an EBS-backed Linux instance, you can regain access to your instance. For more information, see Connecting to Your Linux Instance if You Lose Your Private Key.
http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/ec2-key-pairs.html