Consider the following statements regarding Andhra Pradesh's Rural LED Programme:

1. AP aims to install 30 lakh LED street lights across 13,065 Gram Panchayats in 13 districts.
2. Each LED street light is expected to save 150 units of energy per annum.
Which of the statements given above is/are correct ?

1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2

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