Bangkok Metro Public Company Limited (BMCL), operator of Bangkok’s mass rapid transit system, has secured a 80.3 billion baht, 30-year contract to supply rolling stock and electrical and mechanical equipment, as well as to operate and maintain the Purple line (still under construction), from the Mass Rapid Transit Authority (MRTA) of Thailand. The contract is divided into a three-year construction phase and a 27-year operating phase. The MRTA will make monthly payments to BMCL for the first 10 years and pay a service fee for the remainder of the concession period. Thailand-based CH. Karnchang Public Company Limited, BMCL’s shareholder, will be responsible for arranging the financing. It will also procure 21 train-sets, along with electrical and mechanical systems.