China's Three Gorges Corporation (CTG) has signed a deal with Brazil on Jan. 6 (Beijing time) for a 30-year operation of two of the country's hydropower plants, with a combined installed capacity of 4.995 million kilowatts, Xinhua News Agency reported on Wednesday. 

The CTG and Brazil's Mines and Energy Ministry inked the agreement, which allows the CTG to acquire a controlling stake in two of Brazil's hydroelectricpower plants, the Jupiá and Ilha Solteira plants.

The new deal makes the installed capacity of China's Three Gorges Corporation in Brazil 6 million kilowatts, making it the country's second largest private power generation company. 

The two hydropower plants are located on the border between the states of São Paulo and Mato Grosso do Sul. They have installed capacities of 1.551 millionkilowatts and 3.444 million kilowatts respectively. Both have sound investment and operational benefits. 

Currently, the overseas controlled and equity-based installed capacity of the TGC has surpassed 11 million kilowatts. This new acquisitionindicates thatthe TGC is on its way to becoming a world leader in hydropower generation. 

(From People's Daily)