In a bid to make Hyderabad a Global City, the Telangana Government, Formula E, and Greenko have signed a Letter of Intent to make Hyderabad a candidate host city for ABB FIA Formula E World Championship scheduled to be held between 2022 November and February 2023. If the city is given an opportunity, it will join the elite club of New York, London, Berlin, Rome, and Seoul which have already been hosting the event.

The Federation of Internationale de Automobile holds the annual racing event for the most environmental-friendly cars. While this doesn’t guarantee Hyderabad a spot on the calendar, it is the first concrete step towards making an Indian Formula E race a reality. MA&UD Minister K Taraka Ramarao took the initiative and ensured that it happens.

Anand Mahindra's team is already a participant in the race and has been trying to bring India into the Formula E circuit. The team has suggested metros like New Delhi, Mumbai, and Bengaluru besides Hyderabad. The Formula E representatives have already visited the cities and gave in-principle approval for Hyderabad, sources say. Unlike F1 races, Formula E will not need separate tracks and the racing would be done on existing city roads but they have to be widened a bit.

The Government had taken the Formula E team to the Hussainsagar circuit of Tank Bund and Necklace road, the circular road around KBR Park in Jubilee Hills, and the financial district road in Gachibowli. We will have to see if this will be a reality for Hyderabad.