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 Reservoir Region for the whole main stream of the Yangtze River. Since the conditions of the Three Gorges Reservoir Region for the development of the water resources are good with a short distance to the load center, there is great potential for development of the water resources. The agricultural resources of the Three Gorges Region are abundant, which are superior for the agriculture, forestry, livestock, sideline production and fishery. The Three Gorges Reservoir Region is proper for the growth of the various plants of both the warm temperate zone and the temperate zone. Dozens of ores have been explored and investigated in