Take a blending jar, add red bell peppers which are roughly chopped.
Add sliced onion into it.
Add small red chili pepper or bird's eye red chili pepper.
Add garlic cloves, add a green chili.
Add salt as per taste, black pepper powder, smoked paprika powder.
Blend all the ingredients into a thick paste.
Add very little water if required to blend it into a fine smooth paste.
Take a sauce pan, heat it.
Add the blended peri peri sauce into the pan.
Add bay leaf, olive oil, stir.
Let it simmer for at least 20-25 minutes.
Switch off the flame and lastly add lemon extract.