BTSC now owed ฿98Bn from BMA for the Green Line train project

The Bangkok Metropolitan Administration’s (BMA) debt to Bangkok Mass Transit System Company (BTSC), for the engineering and maintenance (E&M) and operating and maintenance (O&M) costs for the first and second extensions of the Green Line sky train service, has now ballooned to about 98 billion baht, according to a study commissioned by the city council.

This figure does not cover bank interest, said the study.

The first extension of the Green Line is from Taksin station to Bang Wa station and from On Nut station to Bearing station, while the second extension is from Bearing station to Keha station in Samut Prakan and from Mor Chit station to Khu Khot station in Pathum Thani province.

Napaphol Jirakul, a member of the city council and head of the committee tasked with studying the Green Line train project, said that the BMA also owes the Mass Rapid Transit Authority (MRTA), a…