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 become safer, since the gorges are notoriously dangerous to navigate. Ships with much deeper draft will be able to navigate upstream from Shanghai all the way to Chongqing. It is expected that shipping to Chongqing will increase fivefold. There are two series of ship locks installed near the dam (). Each of them is made up of five stages, with transit time at around four hours. Maximum vessel size is 10,000 tons. The locks are 280 m long, 35 m wide, and 5 m deep (918 × 114 × 16.4 ft). That is 30 m longer than those on the