It was very simple before, simply using the URL https://googledrive.com/host/{file_Id} but, the problem arises because the web page hosting is being discontinued by Google?
You can check the Google Policy in the link here.
First, we need to get the byte form of image stored in the drive, to do that use Utilities class of app script and encode that in base64 format
var base64_Encoded_Image= Utilities.base64Encode(DriveApp.getFileById('<image id in drive>').getBlob().getBytes());
now to add this image in <img>
tag use this
<img alt='NA' src='data:image/png;base64,"+base64_Encoded_Image+"'/>