The China Three Gorges Project (TGP) is of vital importance to the development and harnessing of the Yangtze River (Changjiang River). The dam site is situated at Sandouping of Yichang City, Hubei Province, about 40 km upstream from the existing Gezhouba Project in Yichang. This project has been discussed for over half a century. TGP is the largest water conservation project in the world. With the normal pool level (NPL) at 175m, the total storage capacity of the reservoir is 39.3 billion m3. The construction period of the whole project will be 17 years, from 1993 to 2009. This project will bring many benefits to China including flood control, power generation, navigation improvement, etc. The total static cost estimate of TGP is 90.09 billion RMB Yuan based on the price at the end of May 1993 while the dynamic cost of TGP will be 203.9 billion Yuan by rough estimate. |
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