China Three Gorges Corporation with 3,050 MW under construction or development. As of the end of 2013, CTG had business in 37 countries and regions, with 84 ongoing international construction and investment projects. In December 2011, China Three Gorges Corporation acquired a 21.35% Portuguese government's stake in "Energias de Portugal" for €2.69 billion. In December 2011 China Three Gorges Corporation paid HK$2.1 billion (US$270 million) for a 29% stake in China Power New Energy Development. China Three Gorges Corporation The China Three Gorges Corporation (CTG, ) is a Chinese state-owned power company, established on 27 September 1993. The company was responsible for construction of
Three Gorges Dam vulnerable hinged type, which, if damaged, could temporarily render the entire flight unusable. As there are separate sets of locks for upstream and downstream traffic, this system is more water efficient than bi-directional staircase locks. In addition to the canal locks, there is a ship lift, a kind of elevator for vessels. The ship lift can lift ships of up to 3,000 tons. The vertical distance traveled is 113 metres, and the size of the ship lift's basin is 120×18×3.5 metres. The ship lift takes 30 to 40 minutes to transit, as opposed to the three to four hours for