The Congress leadership seized the initiative and agreed to the CPI's demand.
Telangana Pradesh Congress Committee (TPCC) chief Ponnala Laksmaiah, who is camping in Delhi for three days, will meet CPI state secretary K. Narayana after his return from the national capital.
The two leaders are likely to announce the tie-up after final round of talks.
Telangana, which has 119 assembly and 17 Lok Sabha seats, is going to polls April 30.