Man Infraconstruction Ltd’s subsidiary Manoj Tollway Private Ltd has signed a concession agreement with the Public Works Department of Maharashtra.

The project is for four-laning of two state highway roads for a total length of about 41 km valued at Rs 358.37 crore.

The projects to be executed on 'Design, Build, Finance, Operate, Transfer' basis would have a concession period of 25 years, including construction period of 3 years.