An underground power station is a type of hydroelectric power station constructed by excavating the major components (e.g. machine hall, penstocks, and tailrace) from rock, rather than the more common surface-based construction methods.

Often underground power stations form part of pumped storage hydroelectricity schemes, whose basic function is to level load: they use cheap or surplus off-peak power to pump water from a lower lake to an upper lake, then, during peak periods (when electricity prices are often high), the power station generates power from the water held in the upper lake.
Some notable underground power stations are:

• Chaira Hydroelectric power plant, Bulgaria
  Bulgaria
  Bulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...
  
  , is the largest underground power station on the Balkans, build in 1980-1998.