Three Gorges Dam water turbines in the underground plant began production. The ship lift was complete in December 2015. Each main water turbine has a capacity of 700 MW. The dam body was completed in 2006. Coupling the dam's 32 main turbines with two smaller generators (50 MW each) to power the plant itself, the total electric generating capacity of the dam is 22,500 MW. As well as producing electricity, the dam is intended to increase the Yangtze River's shipping capacity and reduce the potential for floods downstream by providing flood storage space. China regards the project as monumental as well as a
Three Gorges Dam government estimated that the Three Gorges Dam project would cost 180 billion yuan (US$22.5 billion). By the end of 2008, spending had reached 148.365 billion yuan, among which 64.613 billion yuan was spent on construction, 68.557 billion yuan on relocating affected residents, and 15.195 billion yuan on financing. It was estimated in 2009 that the construction cost would be recovered when the dam had generated of electricity, yielding 250 billion yuan. Full cost recovery was thus expected to occur ten years after the dam started full operation, but the full cost of the Three Gorges Dam was recovered by December