Actor-producer Nandamuri Kalyan Ram will produce his uncle Nandamuri Balakrishna's 100th Telugu film, which is tentatively titled "Dictator" and will be helmed by Boyapati Srinu.

"While many leading production houses were vying for an opportunity to produce this landmark project, Kalyan Ram has finally got the green signal to finance it. The film will now be produced under the banner of NTR Arts," a source told.

Apparently, Balakrishna wants to dedicate the film to his late father and legendary actor Nandamuri Taraka Rama Rao (NTR). As a result, he wants the project to be produced by his family banner.

"Balakrishna suggested if the film is made under NTR Arts, it will be a fitting tribute to his father. Since Kalyan is his brother's son and already runs a successful production house, Balakrishna handed over the reins of his film to him," the source said.

Touted to be an action entertainer, the film is expected to go on floors by year end.

Balakrishna is currently awaiting the release of his 98th film "Lion" on May 7.