Political News

Poor and Regressive: KTR on Hyd’s Formula E Race Cancellation

The news of Formula E’s race (E-Prix) cancellation in Hyderabad spread like wildfire. While the Formula E race was brought to the state by the former BRS government, this got cancelled after the new Congress government took over.

Formula E announced the cancellation of its E race in Hyd. It also served notices to the Telangana government for the breach of contract. This decision comes in response to the Municipal Administration and Urban Development Department (MAUD) of the Telangana government choosing not to fulfil the Host City Agreement signed on October 30, 2023.

KTR responded and wrote on X, “This is truly a poor and regressive decision by the Congress Government. Events like Hyderabad E-Prix enhance the brand image of our City and Country across the world. We had put in a lot of effort and time to bring Formula E-Prix for the first time to India. In a world where Sustainability has become the focus and Buzzword, the KCR Govt had taken the initiative to use the Formula E Race as an occasion to also conduct a week-long EV Summit attracting EV enthusiasts, Manufacturers and Startups to showcase Hyderabad as an attractive investment destination. We had also launched the Telangana Mobility Valley to promote the state as the epicentre for Sustainable Mobility Solutions.”

This post was last modified on 6 January 2024 4:49 pm

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