In this study, the exergy analysis is conducted on the well known performance of already developed system and then compared with the efficiency of each equipment to propose optimum operation of the system. The system used in this study is 500 MW coal firing power plant. The efficiency of the boiler is 67% and the condenser is 99% by exergy analysis. The exergy consumption of the boiler was 32.95% at 100% load. The exergy consumption of the high pressure turbine and the low pressure turbine is 8.31% and 8.12%, respectively. Together with the concrete study on the object of performance revision of the low efficient development system proved in this study, if detailed exergy analysis on the operation condition of the equipments of the development system presently being operated is continued, then it is expected to help minimize the exergy consumption of relatively low efficient parts that are worn-out or miss-installed.