Autosport understands that the organising team behind the event was disbanded at the end of August after promoters pulled out funding from the race.
India was absent from the provisional FE calendar issued in June, but the series had left a TBA slot on February 10 which would have likely gone to Hyderabad if the race had been green-lit.
It is unclear which city will replace Hyderabad when the next version of the calendar will be announced when the World Motor Sport Council convenes again in October.
India made a long-awaited FE debut earlier this year, with Hyderabad playing host to the fourth round of the Gen3 era on February 11.
The race took place at a street circuit located next to the Hussain Sagar lake in downtown Hyderabad, one of the largest cities in the country, with leading solar, hydrogen and wind energy producer Greenko Group promoting the race with support from the state government of Telangana.
While the layout of the circuit received plenty of praise from the drivers and the race went without hiccups, many were left unimpressed by the facilities available to them in the paddock.
Source: Autosport