The new party’s policies and programmes will be announced at a public meeting at Rajahmundry on March 12.
Mr Reddy decided to take the plunge after a midnight meeting with his brothers Santhosh and Kishore.
Mr Reddy believes the Telugu Desam is no match for Jagan Mohan Reddy’s YSR(C) and that the Congress does not stand a chance. He wants to stop a YSR(C) sweep of Seemandhra.
Reddy quit the Congress last month after parliament cleared the proposal to carve out Telangana as a new southern state.
Like many other leaders who are not from Telangana, Kiran Kumar had opposed the division, and urged the Congress leadership in Delhi to withdraw its plans. He has also challenged the bifurcation of the state in the Supreme Court; for which the hearing is to be held on Friday.
The new state of Telangana will be officially born on June 2, which means that Andhra Pradesh will vote undivided for the state election which will be held simultaneously with the national election.
“Whoever is elected MLA (state legislator) as per law will automatically become member of the concerned state,” said Chief Election Commissioner V.S. Sampath.