Green Line extensions: Operator anticipates 20 billion baht debt reimbursement

Bangkok Mass Transit System Plc (BTSC) Chairman Keeree Kanjanapas expressed optimism concerning the compensation of overdue debts by the Bangkok Metropolitan Administration (BMA) for the operation and upkeep of the Green Line extensions. Following Bona fide with Bangkok Governor Chadchart Sittipunt yesterday, Keeree stated the discussions were encouraging, and he anticipates a 20 billion baht reimbursement from the BMA.
Keeree revealed that the BMA owes BTSC, the Green Line operator also referred to as the BTS Skytrain, a total of about 50 billion baht. The first half, amounting to 20 billion baht, covers the operations and upkeep expenses of the Green Line extensions. The second half, estimated at 30 billion baht, is for the electrical and mechanical installations essential for the system’s operation.
Keeree expressed confidence in the company’s repayment, stating that Chadchart promised to present the difficulty to the Bangkok City Council for consideration next month.
Regarding the 30 billion baht portion, Keeree stated it must be submitted to the cabinet for approval. He famous that the caretaker authorities ought to be ready to determine Transport Minister Saksayam Chidchob, who opposes it, is currently suspended from responsibility. He said
“I hope the caretaker cabinet can make a decision. If it can’t, the model new authorities should. We’re not apprehensive as a outcome of we now have contracts hiring us to function and maintain the providers.”
Chadchart confirmed that the BMA has funds to service the money owed, but should guarantee compensation is in accordance with the law and budget rules, reported Bangkok Post.
“We sympathise with the operator as a end result of they’re shouldering huge costs offering the prepare companies. But repayment have to be done in accordance with due legal processes.”
The problem might be submitted to the Bangkok City Council for consideration when it reconvenes.
Last September, BTSC took the debt dispute to the Central Administrative Court, which ruled in its favour. Big would cover two components — the primary for the operation and upkeep of the first extension and the other for the same costs for the second extension..

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