Consider the following statements: 1. Appellate Tribunal for Electricity has been established by each State Government in India. 2. One of the components of the Accelerated Power Development and Reforms Programme (APDRP) is upgradation of sub transmission and distribution system for electricity in India. Which of the statements given above is/are correct?

1. Statement 1 is incorrect. The Appellate Tribunal for Electricity (APTEL) is a statutory body constituted by the Central Government under the Electricity Act, 2003. There is only one such central tribunal, not one established by each State Government. 2. Statement 2 is correct. The Accelerated Power Development and Reforms Programme (APDRP), launched by the Government of India, aimed at improving the financial viability and efficiency of the state power utilities. One of its key components was investment in the upgradation of sub-transmission and distribution systems for electricity. 3. Therefore, only statement 2 is correct.