July 18 (Reuters) - Ballard Power Systems Inc BLD.TO
* Under terms of JV, ballard will contribute RMB 20 million (approximately $3.0 million) for its 10% joint venture interest
* Ballard will have exclusive right to purchase fuel cell stacks and sub-components from joint venture for sale outside china
* Inks deal for local production of fuel cell stacks in China, with $168m estimated value over 5-years
* On closing, expected in late-2016, jv will be created and will be owned 90% by synergy and 10% by ballard;
* On deal close , expected in late-2016, a joint venture to be created to undertake stack manufacturing operations
* Joint venture will be owned 90% by synergy and 10% by ballard Source text for Eikon: ID:nPnc6thbGa Further company coverage: BLD.TO