Completed in 1967, Jindabyne Dam is a major dam, located approximately south south-east of the relocated township. Parts of Old Jindabyne can be seen when the levels of Lake Jindabyne are low particularly the foundations of the old St Columbkille Roman Catholic Church. The settlement of East Jindabyne is located above what was Old Jindabyne. The dam's main purpose is for the generation of hydropower and is one of the sixteen major dams that comprise the Snowy Mountains Scheme, a vast hydroelectricity and irrigation complex constructed in south-east Australia between 1949 and 1974 and now run by Snowy Hydro.