@Renu_ consider this example
ALTER TABLE some.table SET OWNER TO IDENTIFIER('`' || :owner_name || '`')
You can't use IDENTIFIER here, it throws an error (it is not a supported use case). If you try to do
ALTER TABLE some.table SET OWNER TO `{{owner_name}}`
this gets formatted to
ALTER TABLE some.table SET OWNER TO `'my_owners_name'`
Which errors because those quotes it adds are invalid here. There is NO way to format this sql with a task parameter.