Two-time winner of the UK Open, Van Barneveld, will begin his campaign in round three on Friday afternoon against Borland, who stole the headlines at the 2022 World Darts Championship with a historic nine-dart finish.
The third-round tie is one of nine matches scheduled to take place on the main stage at Butlin's Minehead Resort during Friday's opening session.
The opening round of the competition comprises of Tour Card Holders ranked 97-126 along with players from the 2021 Challenge and Development Tours and 16 Rileys Amateur Qualifiers.
Main stage action will get underway with two round one ties. The first will see 2016 semi-finalist Jelle Klaasen against Mark Rice in a battle of two Rileys Qualifiers, while the second will pit former World Youth Champion Bradley Brooks against Rowby-John Rodriguez.
The 2014 champion Adrian Lewis will also begin his campaign on the main stage, with his third-round opponent to be one of four players who have to battle through the early rounds.
The world's top 32 players will enter the tournamet in Friday evening's fourth round, including reigning champion James Wade, world number one Gerwyn Price and former UK Open champions Peter Wright, Michael van Gerwen and Gary Anderson.
The action continues on Saturday March 5 with the fifth and sixth rounds across two sessions, before Sunday's action is played out on the main stage.
Players will compete for a £100,000 top prize, with a total prize fund of £450,000 on offer being paid down to the last 96.
Full draw can be found on the official PDC website.