China Three Gorges Corporation
China Three Gorges Corporation (CTG) is a large state-owned enterprise with the mission of building the Three Gorges Project and harnessing the Yangtze River.
CTG positions itself as a top-ranking international clean energy corporation. It takes the development and operation of large hydropower projects on the Yangtze River as its core business, proactively explores wind power and other new energies, and steadily extends its overseas hydropower business.
CTG now directly owns and operates four large hydropower projects on the Yangtze River, namely the Gezhouba Hydropower Project (2,735 MW), the Three Gorges Project (22,500 MW), the Xiangjiaba Hydropower Project (6,400 MW) and the Xiluodu Hydropower Project (13,860 MW).
By the end of January 2016, CTG’s total controllable installed capacity amounted to 64540 MW globally, including nearly 6000 MW of wind and solar, added by 34580 MW of capacity under construction and 13600 MW attributable to its equity investment.
As of 31 December, 2015, CTG’s consolidated assets amounted to RMB 562 billion, while net assets were valued at RMB 309.1 billion.