The gas turbine cycle is the key solution for the power generation system from the last decade. several types of research are going to enhance the overall system efficiency of the gas turbine cycle. In the present study, six sets have been investigated parametrically for energy and exergy. Thermodynamic assessments have been effectively achieved for the compressor pressure ratio from 4 to 14, turbine inlet temperature (TIT) from 1000K to 1500K, and ambient temperature 250C to 450C. Results show that for every 100 rises in ambient temperature the maximum decrease in peak output and peak thermal efficiency is 6.2% and 5% respectively at 1000K and 3.6% and 1.9% respectively at 1500K. The exergy loss by exhaust gases of set 4 and set 5 increased by 107% whereas set 6 is decreased by 85.5% as compared to set 1 under the conditions when the exergy loss by exhaust gases of set 1 is minimum at TIT 1000K. The total exergy destruction of set 3, set 4, set 5, and set 6 is increased by 102%, 32.6%, 133.3%, and 102% respectively as compared to set 1 under the conditions when the total exergy destruction of set1 is minimum at TIT 1000K. Regenerative Gas Turbine cycle is the best in terms of the ratio of net output to exergy destruction of the plant as well as initial, operational, and maintenance costs.