Assembly elections in Punjab are expected to be held early next year.
Amarinder, who named his political party as the Punjab Lok Congress, is hoping for a seat arrangement with the BJP for the upcoming elections.
Narendra Modi has announced that the government will repeal three controversial farm laws, which were at the centre of protests by farmers.
The Punjab Lok Congress will be formally launched after the Election Commission registers it and allots a poll symbol.
The development comes just months ahead of the Punjab assembly elections.
He said he would soon announce the launch of his own political party to serve the interests of the people, including the farmers who've been fighting for their rights for over a year now.
After his tweet goes viral, the goalkeeper urged the Twitterati to show similar support for the Indian men's football team.
According to sources, Amarinder Singh will convene a meeting of leaders close to him in a few days to consider the formation of his new party, which will include all the leaders of the anti-Sidhu faction.
Congress leaders are wary of Amarinder meeting Union Home Minister Amit Shah and NSA Ajit Doval.
The meeting assumes significance as Singh had not opened his cards but had claimed that he had not quit politics and would fight till the end.