Indian multinational oil and gas company ONGC on Tuesday informed it is carrying out a drinking water project in over 50 schools across Assam in this financial year at an investment of Rs 1.68 crore.

"Providing clean and safe drinking water in schools in and around ONGC's operational area is a CSR initiative by ONGC Assam Asset in association with ONGC's All India OBC & MOBC Employees Welfare Association," the oil major said in a statement.

The company's School Drinking Water Project has benefitted more than 10,000 children in 32 schools in Sivasagar and Charaideo districts of Assam, pumping in an investment of Rs 1.07 crore during 2017-18.

"In financial year 2018-19, the project is being extended to 52 schools, which would benefit more than 15,000 school children, at a project cost of Rs 1.68 crore," the statement said.

As part of this initiative, the project was inaugurated at Rohdoi and Hahchara High School in Sivasagar by ONGC Executive Director (Assam Asset) S D Maske earlier this week.