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 land were flooded. The flood affected more than 2.3 million people, killing 1,526. In early August 2009, the largest flood in five years passed through the dam site. The dam limited the water flow to less than per second, raising the upstream water level from 145.13 metres on August 1, 2009, to 152.88 on August 8, 2009. 4.27 cubic kilometres of flood water were captured and the river flow was cut by as much as 15,000 cubic metres per second. The dam discharges its reservoir during the dry season between December and March every year. This increases the flow rate