Abstract. The cogeneration combined-cycle gas turbine plant with backpressure steam turbine is considered. A simple circuit of the plant increases its reliability, and the use of optimal temperatures of the heating and return water allows obtaining the highest thermal efficiency of the plant taking into account the ratio of its electric and heat power. The technical and economic efficiency of the combined-cycle plant with back-pressure steam turbine is studied to estimate the capital investment. The parameters and conditions to maximize the net present value growth relative to the base version are determined.