Green Line extensions: Operator anticipates 20 billion baht debt reimbursement

Bangkok Mass Transit System Plc (BTSC) Chairman Keeree Kanjanapas expressed optimism concerning the repayment of overdue debts by the Bangkok Metropolitan Administration (BMA) for the operation and maintenance of the Green Line extensions. Following a meeting with Bangkok Governor Chadchart Sittipunt yesterday, Keeree said the discussions had been encouraging, and he anticipates a 20 billion baht reimbursement from the BMA.
Keeree revealed that the BMA owes BTSC, the Green Line operator also called the BTS Skytrain, a complete of about 50 billion baht. The first half, amounting to 20 billion baht, covers the operations and maintenance bills of the Green Line extensions. The second part, estimated at 30 billion baht, is for the electrical and mechanical installations needed for the system’s operation.
Keeree expressed confidence within the company’s reimbursement, stating that Chadchart promised to current the difficulty to the Bangkok City Council for consideration next month.
Regarding the 30 billion baht portion, Keeree mentioned it should be submitted to the cupboard for approval. He noted that the caretaker government should be ready to determine Transport Minister Saksayam Chidchob, who opposes it, is currently suspended from duty. He said
“I hope the caretaker cabinet can make a decision. If it can’t, the brand new authorities ought to. We’re not worried because we’ve contracts hiring us to function and maintain the companies.”
Chadchart confirmed that the BMA has funds to service the debts, however should guarantee compensation is in accordance with the legislation and budget laws, reported Bangkok Post.
“We sympathise with the operator because they’re shouldering huge costs offering the train companies. But compensation should be carried out in accordance with due authorized processes.”
The issue 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 dominated in its favour. In record time would cowl two elements — the first for the operation and maintenance of the first extension and the opposite for a similar costs for the second extension..

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