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 located at the lower and upper ends of the dam and then cranes with cables would move the ships from one lock to the next. In the case of smaller water craft, groups of craft would be lifted together for efficiency. It is not known whether this solution was considered for its water-saving performance or because the engineers thought the difference in height between the river above and below the dam too great for alternative methods. Some exploration, survey, economic study, and design work was done, but the government, in the midst of the Chinese Civil War, halted work in