The government has signed contracts with 12 independent power producers (IPPs) to generate 918-MW electricity at an average cost of 7.80 cents (Tk 9.12) per kilowatt-hour, with of?cials saying the amount was roughly 2.5 cents lower than previous such costs. Bangladesh Power Development Board (BPDB) of?cials said that the recent deals were part of an extensive energy mix campaign to maximize renewable energy generation, reducing dependence on traditional and, particularly, on imported fossil fuel sources. ‘The tariff drop of 2 to 3 cents means the average generation cost will fall signi?cantly from earlier average prices that hovered around 10.50 cents per kilowatt-hour,’ said an of?cial. BPDB of?cials said as part of the campaign, the new government annulled a past interim regime decision to scrap earlier adopted six power projects, alongside taking six new projects to get the 918 MW electricity at lower tariffs.