BMA urged to speed up debt payment to BTSC to avoid daily ฺBt5B interest liability

WEDNESDAY, APRIL 09, 2025
BMA urged to speed up debt payment to BTSC to avoid daily ฺBt5B interest liability

Bangkok Council urges BMA to pay BTSC debt quickly to avoid daily interest of 5 billion baht; report warns more lawsuits could follow.

A special committee of the Bangkok Council has called on the Bangkok Metropolitan Administration (BMA) to expedite payment of outstanding debts to BTS Skytrain operator Bangkok Mass Transit System Plc (BTSC) to avoid potential daily interest liabilities of up to 5 billion baht.

Bangkok Councillor Warns Against Prolonged Legal Battle

The warning was delivered on Wednesday by Napapon Jirakul, Bangkok councillor for Bangkok Noi district and chairman of the committee, during a council meeting held at Bangkok City Hall in Din Daeng.

The meeting was attended by BMA Governor Chadchart Sittipunt, four deputy governors—Chakkraphan Phiewngam, Wissanu Supsompol, Tavida Kamolvej, and Sanon Wangsangboon—along with senior BMA officials.

Report Highlights Legal and Financial Risks Over Green Line Debts

Napapon presented his committee’s findings regarding BMA’s debts to BTSC for operation and maintenance (O&M) services on the first and second Green Line extensions.

The report was compiled after seven meetings, which included testimonies from the BMA’s Traffic and Transport Department and its business arm, Krungthep Thanakom (KT). It addressed the legal and financial implications surrounding unpaid O&M costs.

Napapon stressed that prolonging the legal battle with BTSC would not be in the BMA’s best interest, especially as the Supreme Administrative Court had already ruled against the BMA in a previous case.

BMA urged to speed up debt payment to BTSC to avoid daily ฺBt5B interest liability

BMA Lost First Case, Ordered to Pay Bt14.476 Billion

The BMA was ordered by the Supreme Administrative Court on 26 December 2024 to pay 14.476 billion baht to BTSC for O&M costs covering April 2017 to May 2021. The payment was made following the ruling.

However, three additional unpaid debts remain, and BTSC has already filed two lawsuits with the Central Administrative Court for the first two amounts. Napapon warned that if the BMA loses these cases, it may face interest liabilities of up to 5 billion baht per day.

Breakdown of Remaining Green Line Debt

According to the committee's report, the remaining debts are as follows:

  • O&M costs from June 2021 to October 2022: 12.245 billion baht
  • O&M costs from November 2022 to December 2024: 17.121 billion baht
  • O&M costs from January 2025 to December 2025: 8.761 billion baht

Committee Recommends Prompt Repayment and Negotiation

Napapon recommended that the BMA promptly pay the first two debt amounts without waiting for court rulings. He also advised the administration to use collected fare revenue to cover the third amount as much as possible.

Additionally, Napapon urged the BMA to negotiate with BTSC either to reduce the outstanding debt or to suspend further accumulation of interest.
 

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