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CTG headquarters
 

 

China Three Gorges Corporation (CTG) is the parent company of CWE. As an important participant in the initiative to build the Three Gorges Project and develop the Yangtze River, China Three Gorges Project Corporation was founded on September 27, 1993 with the approval of the State Council of P.R.China. On September 27, 2009, the Corporation changed its name to “China Three Gorges Corporation” (CTG). In over two decades of continuous and rapid growth, CTG has become the largest clean energy group in China and one of the largest hydropower developers in the world. CTG strategically positions itself as a clean energy group specialized in large-scale hydropower development and operation. Its main lines of business include hydropower construction and management, power generation, international investment and engineering contracting, the development of new energies (such as wind power and solar power), the comprehensive development and utilization of water resources, professional and technical consulting, etc. With the authorization of the Chinese government, CTG assumes full responsibility for the construction and operation of the Three Gorges Project as well as the development of four world-class mega-size cascade hydropower stations (i.e., Xiluodu, Xiangjiaba, Wudongde and Baihetan) in the lower reaches of the Jinsha River in China. By 2020, CTG is expected to possess five of the world top 10 hydropower plants in terms of installed capacity, and over two thirds of all the 700MW+ water turbine generator sets in the world. In addition, CTG is actively developing its business in the fields of wind power, solar power and other new energies, and is committed to becoming the leader in offshore wind power development.

 

As of the end of 2016, CTG’s controllable installed capacity has approached 70,000MW, of which the hydropower takes up 16% of Chinese national hydropower installed capacity. All CTG units, either completed, under construction, or by shareholding, bring about a total installed capacity of more than 118,000MW, of which 97% is renewable energy. CTG’s assets totaled RMB 654.8 billion. The company ranked top among all state-owned enterprises in China in terms of total profits, net profits attributable to the parent company, profits-to-costs ratio, all-personnel labor productivity, per capita profit, per capita taxes paid, etc.


CTG has 22 wholly-owned and holding subsidiaries as well as two holding listed companies. By the end of 2016, CTG has more than 23,000 employees on Chinese territory. Among them, there are 111 experts receiving special government allowances, two Academicians of the Chinese Academy of Engineering, three nationally recognized experts, one expert named in the Recruitment Program of Global Experts of China, and three experts named in the New Century Talents Project of China.