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Cabinet approves MEA loan of 38,900 million baht

House of Representatives, Cabinet approves MEA's domestic loan of 38,900 million baht, focusing on bringing electrical cables underground. Services in the digital age Supports additional electricity demand Mr. Karom Phonphonklang, Deputy Spokesperson of the Prime Minister's Office, revealed that the Cabinet has resolved to approve the Metropolitan Electricity Authority (MEA) to borrow money domestically to finance investment in MEA's new long-term plan, amounting to 6. Work plan, with a total amount of 38,900 million baht, is to gradually borrow money according to annual needs until the operation is completed as proposed by the Ministry of Interior (MOI), without the Ministry of Finance having to guarantee it, as follows: 1. Plan to expand the area and improve the electrical distribution system in 2022 - 2023 to expand the area and improve the electrical distribution system, such as voltage level feeder lines. Distribution transformer Electrical unit meter and capacitors Complete with accessories Supports the demand for electricity of people who are likely to increase in Bangkok and surrounding areas. The full budget of the plan is 8,866 million baht. Sources of funds: Domestic loans of 6,500 million baht, MEA income of 2,366 million baht. 2. The digital action plan for 2023 - 2027 consists of 3 plans as follows: (1) Digital technology development plan for electricity consumer services and organizational management. To meet the needs of electricity consumers to receive convenient and fast services (2) Digital technology infrastructure development plan To support various work systems to be modern and stable (3) Security and safety development plan, budget amount 6,652 million baht, source of funds: domestic loans 5,300 million baht, income 1,352 million baht 3.Electrical system development plan according to the electric train project development plan, the first phase focuses on bringing electric wires into the ground. to improve the landscape Supports the increased demand for electricity along the Pink Line, Chaengwattana Road, Ramindra Road, Sihaburanukit Road. and Romklao Road, distance 18.8 kilometers, yellow line electric train route Srinakarin Road (Ramkhamhaeng Road - Thepharak Road), distance 15.8 kilometers, financial limit 8,353 million baht, loan source: domestic loan 6,300 million baht and use of MEA revenue 2,053 million baht. 4. General public utility coordination plan for 2023 - 2027: It involves bringing electrical wires into the ground to develop the electrical system and improve the landscape in 5 projects as follows: (1) Bridge construction project across the Chao Phraya River at Kiak Kai Intersection, Phase 1, construction of elevated roads and side roads. Thonburi of Bangkok (Bangkok), distance 1.3 kilometers (2) Construction project to improve Prachachuen Road from the Metropolitan Waterworks Authority to Chaengwattana Road (Road No. 11) of Bangkok, distance 1.2 kilometers (3) Construction project of intercity special highway Bang Yai - Kanchanaburi of the Department of Highways (Highway), d istance 2 kilometers (4) Highway construction project No. 3, Ban Bang Pu Mai - Ban Bang Pu, of the Highways, distance 10 kilometers. Full budget amount 2,797.87 million baht. Loan source: Domestic loan 2,000.00. Million baht, income 797.87 million baht 5. Electrical system development plan according to the electric train project development plan, Phase 2, to bring electrical wires into the ground to develop the electrical system and improve the landscape of 7 projects as follows: (1) the Golden Line electric train route Somdet Chao Phraya Road and Charoen Nakhon Road, a distance of 2.8 kilometers (2) the Blue Line electric train route, Phetkasem Road (Ratchadaphisek Road - Kanchanaphisek Road), a distance of 8.2 kilometers (3) the Blue Line electric train route, Rama 4 Road (Phayathai Road - Khlong Phadung Krung Kasem) Distance 1.5 kilometers (4) Dark Green Line, Phahonyothin Road (Ngamwongwan Road - Soi Phahonyothin 54/2), distance 11.3 kilometers (5) Orange Line, Ramkhamhaeng Road and Suwinthawong Road, d istance 12.6 kilometers, and (6) route Orange Line, Rama 9 Road (Rama 9 Soi 13 - Ramkhamhaeng Road), distance 2.1 kilometers and (7) routes connecting the Yellow Line and Green Line. (Thepharak Road - Sukhumvit Road), distance 4.3 kilometers, full plan credit limit 9,972.90 million baht, loan source: domestic loan 7,500.00 million baht, income 2,472.90 million baht. 6. Plan to expand the area and improve the electrical distribution system for 2023 - 2027: It is to expand the area and improve the electrical distribution system, such as voltage level feeder lines. Distribution transformer Electrical unit meter and capacitors Complete with accessories To support the demand for electricity of the people that tends to increase in the MEA service area and to increase the safety of the electrical system. The full credit limit of the plan is 18,012 million baht. Loan sources: Domestic loans 13,600 million baht, income 4,412 million baht. Source: Thai News Agency