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 300–340 days. The annual runoff flow at the site of the dam of the Three Gorges Project is 451 billion m³ with the annual sediment discharge of 530 million tons. The Three Gorges abounds in water resources, ecological resources, tourism resources, and the resources of some ores, which have a great potential for exploration. The Yangtze River flows through the Three Gorges Reservoir Region with the good conditions for water transportation and the water-resources development. The potential installed capacity of hydropower can be about 30,000 MW in the Three Gorges Reservoir Region where the water resources are the most abundant