Page 36 - BTSGroup ONE REPORT 2021/22_EN

34 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l

1. Products and Services Secured Rail Mass Transit Lines
Green Line Core Network
1.1 Rail Business BTSC is the sole concessionaire of the first SkyTrain - Core Network in Bangkok
Bangkok Mass Transit System Public Company Limited (BTSC) provides since 1999. The Core Network comprises of the Sukhumvit Line (Mochit to
2 kinds of services in relation to the rail mass transit. On Nut; 17km) and Silom Line (National Stadium to Saphan Taksin; 6.5km), totalling
23.5km, 24 stations. BTSC was awarded a Public-Private Partnership (PPP) net
(i) Rail services under a concession agreement (Green Line Core Network) cost concession for 30 years (1999 – 2029) from the Bangkok Metropolitan
Administration (BMA). BTSC also has an Operating and Maintenance (O&M)
BTSC is responsible for all civil infrastructure, electrical and mechanical works, contract from Krungthep Thanakom Company Limited (KT), a wholly owned
rolling stocks as well as providing operational services to accommodate up subsidiary of Bangkok Metropolitan Administration (BMA) from 2029-2042, to
to the system design capacity at 50,000 Passengers per Hour per Direction operate and maintain the Core Network post expiration of the PPP net-cost
(PPHPD), in order to carry passengers in BTS Green Line Core Network concession. In April 2013, BTSC sold its rights to future net farebox revenue
reliably and safely. from the Core Network under the net cost concession to BTSGIF; BTSC
remains the sole operator of the Core Network. Moreover, BTS Group holds
the maximum permitted of 33% stakes of total investment units in BTSGIF.
(ii) Rail services under an Operating and Maintenance (O&M) contract (Green
Line Core Network and its Extensions)

BTSC is responsible to operate and maintain the services, as well as invest
in the rolling stocks for the extensions to the Green Line Core Network and
the Green Line Core Network post the concession’s expiry.

Ridership on the Green Line Core Network

Table 1: Ridership on the Green Line Core Network
FY 2015/16 FY 2016/17 FY 2017/18 FY 2018/19 FY 2019/20 FY 2020/21 FY 2021/22
No. of ridership (mn trips) 232.5 238.0 241.2 241.0 236.9 124.9 74.2
Growth rate (%) 6.3% 2.4% 1.3% (0.1)% (1.7)% (47.3)% (40.6)%
Average weekday ridership (trips) 720,155 735,081 743,681 744,513 735,385 408,341 230,568

Growth rate (%) 7.0% 2.1% 1.2% 0.1% (1.2)% (44.5)% (43.5)%