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 of the lift will be 21 minutes. It says that the expected dimensions of the passenger vessels the ship lift's basin was designed to carry will be X X . The moving mass (including counterweights) is 34,000 tonnes. The trials of elevator finished in July 2016, the first cargo ship was lifted in July 15, the lift time comprised 8 minutes. "Shanghai Daily" reported that the first operational use of the lift was on September 18, 2016, when limited ""operational testing"" of the lift began. Plans also exist for the construction of short portage railways bypassing the dam area altogether.