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 177 voted against, 664 abstained, and 25 members did not vote. Construction started on December 14, 1994. The dam was expected to be fully operational in 2009, but additional projects, such as the underground power plant with six additional generators, delayed full operation until May 2012. The ship lift was completed in 2015. The dam had raised the water level in the reservoir to above sea level by the end of 2008 and the designed maximum level of by October 2010. Made of concrete and steel, the dam is long and the top of the dam is above sea level.