On 29th May 2002, the Public Works Department of Govt. of Maharashtra and MKM Toll Road Pvt. Ltd. (a Concessionaire), 100% subsidiary of IRB Infrastructure Developers Ltd., entered into a Concession Agreement to improve Mohol-Kurul Kamti-Mandrup stretch of NH-13 and SH-149
The concession period of the Project was 16 years from the Appointed Date. The Concessionaire was allowed to collect notified user fee from road users during this period.
The Concessionaire was entrusted to work on the 33.4 Kilometer stretch between Km 66.00 to Km 99.400 in Solapur District.