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Three Gorges Project contributes over 20 bln yuan in taxes
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15:43, November 21, 2008

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The Three Gorges Project has turned over a total 20.277 billion yuan in national taxes since its first generating unit began operation on July 10, 2003, according to the State Administration of Taxation of the Three Gorges dam zone in Yichang, Hubei province.

Since the first turbine generator was put in use, there are now 26 turbine generators in operation as of October 30 this year.

By adding 100 megawatts of electricity from the electrical power supply plant, the project's installed capacity has already reached 18,300 megawatts.

According to statistics from the State Administration of Taxation, the Three Gorges Project has generated a total of 263.118 billion kW/h of electricity. The total amount of national tax paid included 9.439 billion yuan in value added tax and 10.838 billion yuan in corporate income tax.

By People's Daily Online



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