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flag The Adani Group plans to raise $11 billion in debt to fund $18 billion in capital spending, aiming to reduce debt to $12 billion by 2030.

flag The Adani Group plans to raise 900 billion rupees in debt for the next fiscal year, with 55% from domestic sources and the rest from international markets, to fund 1.5 trillion rupees in capital spending. flag CFO Jugeshinder Singh said the group aims to reduce its consolidated debt to 1 lakh crore rupees by 2030, relying less on external capital. flag It has already secured 800 billion rupees and plans to raise 440 billion more in the coming months. flag The group’s current debt of 2.6 lakh crore rupees is backed by 90,000 crore rupees in annual operating profit and 60,000 crore rupees in cash. flag It remains interested in certain distressed Sahara Group assets but is not involved in ongoing litigation.

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