The document summarizes an exergy and exergo-economic analysis of the Montazer Ghaem gas turbine power plant in Iran. The analysis finds that the combustion chamber has the highest exergy destruction due to the large temperature difference between the flame and operating fluid. The gas turbine's performance and efficiency are significantly affected by ambient temperature. An increase in ambient temperature decreases the net power output and exergy efficiency. The exergo-economic analysis determines that the combustion chamber also has the largest cost of exergy destruction.