In this paper, a combined power and cooling system is thermodynamically analyzed. The system consists of a natural gas-fired gas turbine (GT) plant integrated with a heat recovery steam generator (HRSG), two steam turbines (STs), one organic Rankine cycle (ORC) and two absorption cooling systems (ACSs). With certain given input parameters, the GT plant produces net power of 36.06 MW, the two STs contribute 17.07 MW while from the ORC, 7.18 MW of net power was obtained. From the steam-operated ACS-I, a net 10.36 MW of cooing could be produced. Again, from the GT exhaust operated ACS-II, it was possible to generate additional 3.37 MW of cooling. From exergy analysis, it was found that the total irreversibility was the highest in the GT cycle with a net contribution of 180.412 MW followed by 4.178 MW from the HRSG, 3.561 MW from the ORC, 1.743 MW from ACS-I, 1.186 MW from ST-I, 0.812 MW from ACS-II, 0.175 MW from ST-II. The exergy efficiencies of the GT cycle, ORC, ACS-I and ACS-II were found 22.00%, 65.48%, 18.95% and 14.4% respectively. Regarding the power and cooling output, it can be concluded that these results are specific to the selected operating parameters. Further investigation is required, where, other similar configurations may be considered to make a final comment on the suitability of the proposed configuration from energy output and economic point of view.