"We will declare Narmada-Kshipra link spot as a sacred place and develop it as a religious-cum-cultural centre," Chouhan told reporters after the state cabinet meeting at Ujjaini village.
The two rivers were linked with an initial investment of Rs 432 crore under the Narmada-Kshipra Simhast River Linking scheme.
Senior BJP leader L K Advani will dedicate the scheme to the nation on February 25. BJP president Rajnath Singh and the Leader of Opposition in the Lok Sabha Sushma Swaraj will also attend the inaugural function, Chouhan said.
Chouhan said the state government was also studying a DPR (detailed project report) to link Narmada with Gambhir river.
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The chief minister took a dig on Congress' attempt for aping BJP's Prime Ministerial candidate Narendra Modi's 'chaiwala' campaign with 'Rahul Milk' in Gorakhpur in Uttar Pradesh.
Chouhan said Modi will inaugurate a solar energy plant in Neemuch on February 26.
He also said Infosys Chairman N R Narayan Murthy will lay the foundation stone IT SEZ project on February 24.