Consider the following statements regarding ISRO's semi-cryogenic engine development.
1. The semi-cryogenic engine being developed by ISRO uses liquid hydrogen and liquid oxygen as propellants.
2. The semi-cryogenic stage will replace the existing core liquid stage of the LVM3 launch vehicle.
3. The semi-cryogenic propulsion system will increase LVM3's payload capacity in Geosynchronous Transfer Orbit from 4 tonnes to 15 tonnes.
Which of the statements given above are correct?