SBI calls bids to sell Bilpower properties in Baroda

State Bank of India has invited bids to sell two properties owned by Bilpower in Baroda to recover its dues, according to a Cogencis report, quoting a tender posted on a government website. The last date for submission of bids is February 7 and the e-auction of the properties will be conducted on February 14, the report added. The reserve price for the company’s plant and machinery is ₹1.5 crore and for the factory land and building unit ₹4.1 crore, according to the tender notice. Shares of State Bank of India gained 0.1 per cent at ₹302.60 and Bilpower closed flat at ₹1.80 on the NSE.