Legal Disclaimer

This Legal Disclaimer applies to every page, document, tool, image and other content published by Bharat Atom Renewable Resources Energy Limited (“BARREL”, “we”, “us”) on www.barrel.energy, platforms.barrel.energy, shop.barrel.energy, os.barrel.energy, pm.barrel.energy and any other website, portal or application operated by BARREL (together, the “Websites”).

It should be read together with our Terms of Use, Privacy Policy and Cookie Policy. Where a specific policy or a signed contract deals with a matter, that policy or contract applies to that matter in addition to this Disclaimer, and a signed contract prevails over it.

By using the Websites you accept this Disclaimer. If you do not accept it, please do not rely on the content of the Websites.

Content

All text, figures, data, drawings, maps, images, videos, downloads, calculators, tools and other material on the Websites.

Tools

Any calculator, estimator, simulator, comparison, map or other interactive feature on the Websites, including the solar calculators.

Platforms

BARREL Shop (shop.barrel.energy), the Power Trading Exchange, the Power Asset Exchange, BARREL OS, BARREL PIP and the Project Manager, and any other service on the Websites through which users deal with one another or with BARREL.

User

Any person who visits or uses the Websites, whether as a visitor, buyer, seller, merchant, partner, applicant or registered user.

Third-Party Content

Content supplied by a person other than BARREL, including listings, product data, documents uploaded by users, linked websites, embedded maps and videos, and names, logos and trademarks of other businesses.

The Content is published for general information about BARREL, its businesses and the energy sector. It is prepared in good faith but is general in nature and does not take into account your site, project, finances, tax position or legal circumstances.

Nothing on the Websites is engineering, technical, financial, investment, tax, accounting, legal or regulatory advice, and no professional relationship is created by your use of the Websites or by any reply to an enquiry, unless BARREL agrees a written engagement with you.

• Engineering and technical content (designs, yields, equipment ratings, layouts, specifications) must be verified by a qualified engineer for your specific site before you rely on it.
• Financial content (costs, savings, tariffs, payback, returns, internal rates of return) is illustrative and must be verified by your own financial adviser.
• Tax content (GST, income-tax, depreciation, incentives) must be verified by a chartered accountant or tax adviser.
• Legal and regulatory content (approvals, open access, net metering, connectivity, policies) must be verified with a qualified lawyer and the relevant authority.

You should obtain independent professional advice before making any decision, investment or commitment based on the Content.

The Tools give indicative estimates only. They work on assumptions (for example irradiation, losses, degradation, tariffs, capital cost, interest rates and subsidy amounts) and on the inputs you provide. Real results depend on site conditions, equipment, design, installation, weather, grid availability, regulation and many other factors.

• An estimate from a Tool is not a quotation, an offer, a guarantee of performance or a commitment by BARREL.
• Assumptions used by a Tool may be simplified, may not reflect the latest figures and may be changed without notice.
• You are responsible for the accuracy of the inputs you enter.
• Binding prices, quantities, performance figures and timelines come only from a written proposal or a contract signed by BARREL.

The energy sector changes quickly. Technical content, project figures, capacities, timelines, prices, tariffs, subsidies, incentives, schemes, policies, regulations and approval procedures described on the Websites may change at any time, including by decisions of the Central Government, State Governments, the Central Electricity Regulatory Commission (CERC), State Electricity Regulatory Commissions (SERCs), distribution companies, transmission utilities and other authorities.

Content reflects the position as BARREL understood it when it was written. BARREL does not undertake to update the Content, and the date on which a page was last changed may not be shown. Always check the current official notification, order or regulation, and the current version of any scheme, before relying on it.

References to projects, capacities, pipelines or customers describe work that may be at different stages (for example proposed, under discussion, under development, under construction or completed). Unless a page clearly says a project is completed and commissioned, do not assume that it is.

Nothing on the Websites is an offer, invitation, solicitation or advertisement to subscribe for, buy or sell any shares, debentures, units or other securities of BARREL or of any other person, or to place any deposit, within the meaning of the Companies Act 2013, the Securities and Exchange Board of India Act 1992, the regulations of the Securities and Exchange Board of India (SEBI), the Companies (Acceptance of Deposits) Rules 2014 or any other law, each as amended.

Pages that use words such as “invest”, “investor”, “investment opportunity”, “partner with us” or “co-develop” describe business opportunities in general terms and invite a discussion only. Any investment in BARREL or in a project will be made only through definitive documents prepared and executed in accordance with applicable law, after the investor’s own due diligence and advice.

• BARREL does not accept deposits from the public.
• BARREL does not offer guaranteed or fixed returns through the Websites.
• BARREL is not registered with SEBI as an investment adviser, research analyst, portfolio manager or intermediary, and does not give investment advice.
• No content on the Websites has been reviewed or approved by SEBI, the Reserve Bank of India, the Registrar of Companies or any other regulator.

Some Content contains forward-looking statements, for example about plans, targets, pipelines, capacities, expected commissioning dates, future services, expansion, technology roadmaps and market trends. Words such as “will”, “plans”, “aims”, “expects”, “targets”, “intends”, “pipeline” and “upcoming” usually identify them.

Forward-looking statements are based on BARREL’s current expectations and assumptions and involve risks and uncertainties, including regulatory changes, availability of land, connectivity and finance, equipment prices and supply, weather, counterparties and market conditions. Actual results may differ materially. BARREL does not undertake to revise any forward-looking statement, except where the law requires.

Services described as planned, upcoming or “when launched” (for example the wallet integration) are not available until BARREL announces that they are live, and their final features and terms may differ from the description.

Images, renders, diagrams, maps and videos on the Websites are used to illustrate the text. Unless a caption says otherwise, they are illustrative and do not show a specific BARREL project, site, product or person.

• Some images are stock photographs or free-licence photographs. Where the licence requires it, the author and licence are credited in the caption or near the image.
• Some images are generated or edited with artificial-intelligence tools. They are illustrations, not photographs of real places, equipment or events.
• Product images on BARREL Shop are supplied by merchants and may differ from the product actually delivered in colour, finish, labelling or accessories. The specification in the order and the manufacturer’s datasheet prevail.
• Maps and boundary data are approximate and for orientation only. They are not survey records and do not show title to land.

If you believe an image on the Websites infringes your rights, write to contact@barrel.energy with the page address and details of your claim, and BARREL will review it promptly.

The Websites may include Third-Party Content and links to websites of others. BARREL does not control Third-Party Content and is not responsible for its accuracy, legality, availability or security. A link is provided for convenience and does not mean that BARREL endorses the linked website, its operator or its content.

Names, logos, brands and trademarks of manufacturers, customers, authorities, standards bodies, banks and other businesses shown on the Websites belong to their respective owners. Their use is for identification or reference only and does not mean endorsement, sponsorship, partnership or affiliation, unless BARREL expressly states that such a relationship exists.

Listings, product data, prices, certificates and documents uploaded by merchants, sellers, partners and other users are their responsibility. BARREL may review, verify, edit or remove them, but does not warrant that they are accurate or complete.

Embedded third-party services (for example maps, videos or translation) are provided by their operators under their own terms and privacy policies, and may set their own cookies. See our Cookie Policy.

On BARREL Shop, the Power Trading Exchange, the Power Asset Exchange and similar Platforms, BARREL provides a technology platform that lets users find one another, share information, sign non-disclosure agreements, use data rooms, send requests for quotation and agree transactions.

• BARREL is not a party to a contract between users (for example between a buyer and a merchant, or between a seller and a buyer of a power plant or land) unless BARREL expressly states in writing that it is the seller, buyer, contractor or service provider in that transaction.
• BARREL does not guarantee the identity, title, capacity, creditworthiness or performance of any user, or the quality, safety, legality or delivery of any product, asset or service offered by a user, except where it has expressly agreed to do so.
• BARREL is not a power exchange, and not an inter-State or intra-State trading licensee, under the Electricity Act 2003 and the regulations of CERC or any SERC, unless and until it obtains such a licence and announces it on the Websites. Power requirement matching on the Websites is a facilitation and information service only; any sale or purchase of electricity must be made through licensed entities and in accordance with applicable regulations.
• BARREL is not a bank, a payment system operator or an issuer of prepaid payment instruments. Payments are handled as described in the Payment and Liability Policy, the Escrow Policy and, when launched, the Wallet Policy.

Where BARREL acts as an intermediary under the Information Technology Act 2000 and the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021, each as amended, it may verify users, suspend accounts, remove listings and cooperate with lawful requests of authorities, as set out in the Terms of Use and the E-Commerce Policy.

BARREL tries to keep the Websites available, accurate and secure, but does not promise that they will be uninterrupted, timely, error-free or free of viruses or other harmful code. The Websites may be unavailable for maintenance, upgrades, failures of hosting or network providers, or events outside BARREL’s control.

Content may contain typographical errors, inaccuracies or omissions, including in prices, specifications and availability. BARREL may correct any error at any time. Where an error affects an order or quotation, the E-Commerce Policy and the Refund and Cancellation Policy explain what happens.

You are responsible for protecting your own devices, using up-to-date security software, and keeping your one-time passwords and sessions private.

To the extent permitted by law, the Websites and the Content are provided “as is” and “as available”, without any warranty or representation of any kind, express or implied, including any warranty of accuracy, completeness, currency, merchantability, fitness for a particular purpose, title or non-infringement.

This clause does not affect any warranty that BARREL gives in a signed contract, in an order it accepts as seller, or that applicable law (including the Consumer Protection Act 2019 and the Sale of Goods Act 1930, each as amended) does not allow to be excluded.

To the extent permitted by law, BARREL, its directors, officers, employees and agents are not liable for any loss or damage arising from:

• your use of, or reliance on, the Content or the Tools;
• any decision you make, or do not make, on the basis of the Content;
• any Third-Party Content, linked website or embedded service;
• any act or omission of another user of the Platforms;
• any unavailability, interruption, delay, error or security incident affecting the Websites that is outside BARREL’s reasonable control.

In no case is BARREL liable under this Disclaimer for indirect, incidental, special or consequential loss, or for loss of profit, revenue, generation, savings, business, opportunity, goodwill or data.

Where BARREL is nevertheless found liable to you in connection with the free use of the Websites, its total liability is limited to ₹10,000 (Indian rupees ten thousand). Liability for paid services is governed by the contract for those services and the Payment and Liability Policy.

You are responsible for how you use the Content, for the information you submit and for checking that any decision you take suits your own circumstances.

To the extent permitted by law, you agree to indemnify BARREL against claims, losses and costs (including reasonable legal costs) arising from your misuse of the Websites, your breach of this Disclaimer or the Terms of Use, or Content you upload that infringes the rights of any person or breaks the law.

Pages about careers, openings, internships and roles describe the kind of people BARREL may wish to hire. They are indicative and are not an offer of employment, a promise of interview or a commitment to fill any role. Roles, numbers, locations, qualifications and remuneration may change or be withdrawn at any time.

Applications are made through the contact form on the Websites with a CV upload. Submitting an application does not create any employment or other relationship. An offer of employment is valid only if it is issued in writing by an authorised officer of BARREL from an official BARREL email address and accepted in accordance with its terms.

Personal data in applications is handled as described in the Privacy Policy.

• BARREL contacts candidates, partners and customers only from email addresses on the barrel.energy domain or from the contact details published on the Websites.
• BARREL does not issue offer letters through messaging apps alone, and does not ask for bank passwords, one-time passwords, card numbers or copies of cheques during recruitment.
• Do not rely on job advertisements, partnership offers or dealership offers in BARREL’s name on other websites or social media unless they can be confirmed at contact@barrel.energy.

If you receive a suspicious message, do not pay. Report it to contact@barrel.energy (subject line “Fraud report”), to the National Cyber Crime Reporting Portal (cybercrime.gov.in) or helpline 1930, and to your local police. Impersonation and cheating are offences under the Bharatiya Nyaya Sanhita 2023 and the Information Technology Act 2000. BARREL is not liable for any loss caused by persons falsely using its name, but will cooperate with the authorities.

The Websites may offer the Content in languages other than English, either through translations prepared by BARREL or through automatic translation. Translations are provided for convenience only.

The English version is the authoritative version. If there is any difference or inconsistency between the English version and a translation, the English version prevails. Automatic translations may contain errors and BARREL is not responsible for them.

Unless stated otherwise, the Content is owned by or licensed to BARREL and is protected by Indian and international intellectual property laws. You may view and print pages for your own internal, non-commercial reference. Any other copying, reproduction, distribution, scraping, framing or commercial use requires BARREL’s prior written permission, except as the law allows.

The Terms of Use contain the full licence terms.

This Disclaimer is governed by the laws of India. Subject to any arbitration clause in a document that applies to you, the courts at Pune, Maharashtra have exclusive jurisdiction over any dispute arising from it.

Nothing in this clause prevents a consumer from approaching a consumer commission or other forum available under the Consumer Protection Act 2019, as amended.

BARREL may update this Disclaimer from time to time. The updated version is effective when published on the Websites with its effective date. The version in force when you use the Websites applies to that use.

Version 1.0, effective 10 November 2026.

Questions about this Disclaimer, reports of errors, infringement claims and fraud reports can be sent to Bharat Atom Renewable Resources Energy Limited, RH 11, Mayfair Eleganza - II, NIBM Road, Kondhwa Kh., Pune 411048, Maharashtra, India, email contact@barrel.energy, telephone +91 90755 77366.

Grievance Officer: the person designated by BARREL from time to time, reachable at contact@barrel.energy (subject line 'Grievance') and +91 90755 77366, RH 11, Mayfair Eleganza - II, NIBM Road, Kondhwa Kh., Pune 411048, Maharashtra, India. The Grievance Officer acknowledges a grievance within 24 hours and resolves it within 15 days, or within any shorter time the law sets (72 hours for take-down requests under the Intermediary Rules where applicable).

Company details: CIN U35100PN2024PLC230800, GSTIN 27AASCM0958L1ZQ, LEI 335800FULVEJISCWKA06.