GSPC Gas cuts piped gas prices

State-run GSPC Gas Company has announced a reduction in Piped Natural Gas prices for industrial consumers by ₹2 per standard cubic metre (scm) from November 16, an official statement informed. As against the previous price of ₹41.65 per scm excluding tax, the revised price now stands at ₹39.65 per scm. The revision is attributed to the recent changes in international prices.