The power station is situated on the Lower River Derwent catchment and is owned and operated by Hydro Tasmania.

The facilities at the Meadowbank Power Station are simple and include the dam, intake structure with intake gate designed to cut off full flow, a short penstock which is integral with the dam, the power station building, generator equipment and associated facilities.

Pre-stressed cables passing through the stay vanes anchor the spiral casing and form part of the station foundation.

The station output, estimated to be 187 gigawatt-hours (670 TJ) annually, is fed to TasNetworks' transmission grid via parallel 11 kV/220 kV Siemens generator transformers to the outdoor switchyard.

[1] Water discharged from the Meadowbank Power Station flows into the River Derwent.