5 November 2018 JSW Energys (JSWE) EBITDA was down 2% YoY to INR8.6b, but ~9% ahead of estimate. Generation increased ~9% YoY to 6.7BU, but higher fuel costs offset the gains. Interest cost is down ~21% YoY (-1% QoQ) as it continues to deleverage. acceptances) has reduced by ~INR9.8b to INR120b in 1H, as FCF generation is used to repay debt. 0.9b) was aided by late payment surcharge income (non-recurring). PAT has increased 6% YoY to INR3.2b (est.