Karāpiro was the second power station built in the Waikato hydro scheme, after
Arapuni. Construction of the dam and power station began in 1940, but a materials and labour shortage due to
World War II meant progress was slow. The station was completed in 1947, four years behind schedule. The creation of Lake Karapiro behind the dam flooded the
Horahora Power Station, the first power station built on the Waikato River. The first generator was commissioned on 10 April 1947, just six days after Horahora was flooded. However, problems with the guide bearing meant full generation didn't start until 21 April 1947. The second generator was commissioned on 21 September 1947. In the first 12 months (to 31 March 1948), the station produced 349,568 megawatt-hours of electricity, just over 20 percent of the North Island's electricity requirements. The third and final generator was commissioned in May 1948. Over the 3 year period 2022-2025, the three original turbines and generators were replaced. The installed capacity was increased from 96 MW to 112.5 MW. The projected annual energy production will increase from an average of 505 GWh to 537 GWh. ==Generation==