The payment would be made from BMA reserves worth 51.2 billion baht, he added.
BTSC CEO Surapong Laoha-Unya welcomed the breakthrough.
“We understand the repayment will be a lump sum,” he told The Nation on Thursday, adding that he was optimistic there would be no further complications.
He said any further delays would alter the conditions of the deal and may increase the debt owed.
The company would use the debt payment to repay a loan and boost its liquidity, Surapong said.
After the BMA pays the 23.488 billion debt, the city will still owe 27.54 billion baht to BTSC for train maintenance and operating the extensions.
This second debt is divided into 5.4 billion baht for operating and maintenance costs on extensions from Onnut to Bearing and Saphan Taksin to Wongwian Yai, and 22 billion baht for operations and maintenance on extensions…
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