Former Punjab Chief Minister Amarinder Singh on Wednesday said that he will float a new political party in Punjab ahead of the next year's assembly polls. Addressing the media in Chandigarh, Singh said that he has applied for a party name and a symbol and an announcement will be made after the Election Commission's approval. "Yes, I will be forming a new party. The name will be announced once the Election Commission clears it, along with the symbol. My lawyers are working on it," he said, adding that the party will field candidates on all 117 seats in the state. Singh had last week said he would soon launch his own party, and that he was hopeful of a seat adjustment with the BJP provided the ongoing farmers' stir against farm laws was resolved in their interest. The former Congress leader also said that in the course of 4.5 years as the Chief Minister of Punjab, he delivered more than 90 per cent of the promises made in the 2017 election manifesto. Amarinder Singh had faced an unceremonious exit from the state government last month, following months of a bitter fight with Navjot Singh Sidhu.