Dear Asmita,
If the contract agreement is already in force and if it is fixed term contract then there is nothing much to write. You could have drafted just two sentence letter and uploaded over here for the correction. Anyway, you may check the following draft:
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Date: -
To,
Mr _____________
Employee No ______
Non-renewal of the Fixed Term Contract
Dear Mr ___________,
1. Reference is made to Fixed Term Contract (FTC) No ______ dated ______ that this company has made with you. The said contract expires on ________ (date). Considering the administrative requirements, it has been decided not to renew the said contract.
2. You will be paid remuneration till the last date of contract i.e. __________. For the smooth separation formalities, you are requested to hand over the charge of your position to Mr/Ms __________ and submit the handing/taking over certificate on your last working day.
3. Though the contract could not be reestablished, your contact details are preserved in our records and should the need arises, we might approach you for engaging your services.
Thanks,
Yours faithfully,
____________ (name)
Authorised Signatory
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Hope the above draft suffices your purpose.
Thanks,
Dinesh Divekar