Remove deprecated powervs-provider-id-fmt code

[Prajyot-Parab]

What this PR does / why we need it:

• Remove deprecated powervs-provider-id-fmt code

Which issue(s) this PR fixes (optional, in fixes #<issue number>(, fixes #<issue_number>, ...) format, will close the issue(s) when PR gets merged):
Fixes #

Special notes for your reviewer:

/area provider/ibmcloud

1. Please confirm that if this PR changes any image versions, then that's the sole change this PR makes.

Release note:

Remove deprecated powervs-provider-id-fmt code

[netlify]

✅ Deploy Preview for kubernetes-sigs-cluster-api-ibmcloud ready!

Name	Link
🔨 Latest commit	a82218c
🔍 Latest deploy log	https://app.netlify.com/sites/kubernetes-sigs-cluster-api-ibmcloud/deploys/64fb17ee68a38100081a3595
😎 Deploy Preview	https://deploy-preview-1404--kubernetes-sigs-cluster-api-ibmcloud.netlify.app
📱 Preview on mobile	Toggle QR Code... Use your smartphone camera to open QR code link.

---

To edit notification comments on pull requests, go to your Netlify site configuration.

[Prajyot-Parab]

/cc @Karthik-K-N PTAL

[k8s-ci-robot]

@Prajyot-Parab: GitHub didn't allow me to request PR reviews from the following users: PTAL.

Note that only kubernetes-sigs members and repo collaborators can review this PR, and authors cannot review their own PRs.

In response to this:

/cc @Karthik-K-N PTAL

Instructions for interacting with me using PR comments are available here. If you have questions or suggestions related to my behavior, please file an issue against the kubernetes/test-infra repository.

[mkumatag]

/lgtm

[k8s-ci-robot]

[APPROVALNOTIFIER] This PR is APPROVED

This pull-request has been approved by: mkumatag, Prajyot-Parab

The full list of commands accepted by this bot can be found here.

The pull request process is described here

Needs approval from an approver in each of these files:

• OWNERS [mkumatag]

Approvers can indicate their approval by writing /approve in a comment
Approvers can cancel approval by writing /approve cancel in a comment

[Karthik-K-N]

With this removal I think we need to update in both hypershift and cluster-capi-operator in openshift to use other flag.
@dharaneeshvrd FYI

[mkumatag]

With this removal I think we need to update in both hypershift and cluster-capi-operator in openshift to use other flag.
@dharaneeshvrd FYI

@Karthik-K-N thanks for letting us know, @dharaneeshvrd and @Karthik-K-N can we update the references in the OpenShift code as well?