The LOA converts the bid into an awarded project, locking in the Rs 2.70/kWh tariff under the competitive-bidding mechanism. The build timeline is set at 24 months, after which the asset is contracted to operate for 25 years, creating a long-duration execution and performance obligation. Adding BESS alongside generation is intended to provide peak-shifting and firmer dispatch from the Morena Solar Park compared with solar-only output.