JD(U) chief Sharad Yadav, who is also the NDA convenor, said the opposition alliance is meeting tomorrow to discuss all the options and a decision will be announced later.
Yadav, however, downplayed reports about NDA considering his candidature for the Constitutional post, saying he would not like to comment on "speculations."
The ruling UPA has already declared incumbent Hamid Ansari as its candidate for Vice-Presidential poll.
"The issue of Vice President election and Pranab Mukherjee are separate. I have never supported Congress' political line since I joined politics. We have supported Mukherjee for his political experience only," Yadav told reporters here.
The BJP core group, which met here yesterday, has decided to go for a contest. The party, however, maintained that it will finalise its nominee after consulting NDA allies.
"Tomorrow at 11 AM there is an NDA meeting. Being the Convenor of NDA, speaking before the meeting will be a violation of the decorum. Then we will decide what has to be done," Yadav said.
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When asked about the reported move by the NDA to field him as opposition alliance's candidate to ensure a contest, he said, "I will never speak on speculations. But unfortunately my name has also been surfaced".
Criticising the economic policies of the UPA government, Yadav said the financial situation of the country has become worse during its eight year rule.
"Mukherjee is also responsible for that. We don't support him for that," he said, referring the two Bharat bandhs organised by NDA protesting against fuel price hike.