The Supreme Administrative Court has ordered Bangkok-Bangkok Thanakom to pay off BTS's debts of nearly 12 billion.

July 26, 2024


The Supreme Administrative Court ruled and ordered Bangkok-Bangkok Thanakom to jointly pay “operation and maintenance fees” for the extension of the Green Line to the BTS, nearly 12 billion baht.

On July 26, 2024, the Supreme Administrative Court decided to read the judgment in the Black Case No. A.2226/2565 between Bangkok Mass Transit System Public Company Limited or BTSC (the plaintiff), a subsidiary of BTS Group Holdings Public Company Limited or BTS Bangkok and two persons (the defendants) in a dispute over an administrative contract. (Green Line Monorail Project)

Today, the Supreme Administrative Court issued its ruling. According to the Central Administrative Court, which previously ruled that the Bangkok City Administration and Krungthep Thanak Co., Ltd. jointly pay the debts of the operation and maintenance of the Green Line 1 extension project (Saphan Taksin Bang Wa section and the Nut Loading section). Amount 2,348,659,232 baht In addition to the interest on the principal amount of 2,199,091,830 baht and the debts of operating and maintaining the Green Line Extension 2 project (Mo Chit – Savan Mae – Kho Khot section). And the Bearing Group – Samut Prakan) Amount 9,406,418,719 baht Plus interest on the principal amount of 8,786,765,195 baht Total amount approx. 11,755,077,951 baht The interest rate for good senior customers in the term loan type (MLR) as announced by Krung Thai Bank Public Company Limited for baht-denominated loans will be calculated, plus 1 percent per annum from the date of application onwards until payment is made to the plaintiff. Payment must be completed within 180 days from the date the case becomes final.

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