ISLAMABAD (PPI) - The Ministry of Water and Power has contradicted a serious of news items appearing in a section of press indicating that World Bank has changed its policy stance for funding of hydropower power projects in Pakistan. There is no truth to the argument that has been put forward in the newspapers that the World Bank has refused to support Bhasha Dam Project on the grounds that it is in disputed territory, added the clarification. World Bank has been supporting a serious of hydropower projects aimed at overall economic development in Pakistan. This Ministry is pleased to clarify the factual position concerning World Banks institutional support to Pakistans power sector as under:- Tarbela IV Hydro Projects: Preparatory Studies & Feasibility studies are already being financed under Water Sector Capacity Building Project. This is expected to be approved by the World Bank Board this year. Dasu Hydro Project: The Government is at an advanced stage of discussion for preparation of feasibility and Bank financing for the project. This project is already located in Northern Areas. Sukhi Kinari Hydro Project: The World Bank, in Collaboration with IFC, is in advanced stage of discussions with the sponsors as well as Government on Banks Group Financing for Sukhi Kinari Hydropower Project. In view of the Banks existing engagements in Hydro Power Development, totaling billions of dollars, no further project are being discussed with the World Bank for funding. It is evident to conclude that there is no lack of support from the World Bank in the Northern Areas of Pakistan. It is reiterated that Asian Development Bank, Islamic Development Bank and other Donor Agencies have already committed funding for Bhasha Dam Project in Northern Areas u for which an elaborate mechanism has already been put in place, the clarification added.