Energy Absolute Public Company Limited (EA) signed a load of 3.9 billion Thai baht (about $110 million equivalent) with ADB, Japan International Cooperation Agency (JICA), and Export–Import Bank of Thailand (EXIM Thailand) for the purchase of up to 1,200 electric buses (E-bus).These E-buses will displace internal combustion engine buses in Bangkok, The E-buses will supplement the public transport services of Thai Smile Bus Company Limited and its subsidiaries in Bangkok and its vicinity , covering 123 routes, supporting the use of clean public transport in Thailand.
             Mr. Amorn Sapthaweekul, Deputy Chief Executive Officer of Energy Absolute Public Company Limited (EA) revealed that signing signed a 3.9 billion Thai baht (about $110 million equivalent) for managing the hire-purchase of electric buses. Phase 1st is a hire-purchase plan for operators providing public bus services in Bangkok and its vicinity. Through the adoption of these EV buses, it will elevate the quality of service, reduce pollution and be friendly to the environment. In addition to this, the operations of this business can result in financial benefits through the exchange and lending of carbon credits. This is 1st carbon credit exchange project in relation to electric public transportation in ASEAN.
             "EA is focusing on expansion of new businesses to support and build upon current operations of the group continuously by supporting loans from Asian Development Bank (ADB), Japan International Cooperation Agency (JICA), and Export–Import Bank of Thailand (EXIM Thailand). To drive the company's policy becoming the country’s leading clean energy innovation company with businesses, these cover all aspects of energy management and creating an electric vehicle eco system (EA’s EV Ecosystem) through the most modern and environmentally friendly technology for the utmost benefit to all which helps build confidence and mutual investment. These factors will be an important force for EA in growing and building society, the economy and the environment towards a sustainable pollution free society,” concluded by Mr. Amorn.