Consider the following statements: 1. Damodar Valley Corporation is the first multipurpose river valley project of independent India. 2. Damodar Valley Corporation includes thermal and gas power stations. Which of the statements given above is/are correct?

1 Statement 1 is correct. The Damodar Valley Corporation (DVC), established in 1948, was indeed the first multipurpose river valley project undertaken in independent India, inspired by the Tennessee Valley Authority (TVA) in the USA. 2 Statement 2 is correct. While initially focused on flood control, irrigation, and hydropower generation from dams on the Damodar river and its tributaries, the Damodar Valley Corporation later expanded its power generation portfolio significantly to include thermal and gas power stations.