System and method for increasing efficiency and water recovery of a combined cycle power plant

A combined cycle power plant (10) includes a gas turbine (16), a condensing stage (40), a steam turbine (18), and a heat recovery steam generator (HRSG) (32). The HRSG (32) is configured to generate steam for driving the steam turbine (18) in response to heat transferred from exhaust gas received from the gas turbine (16) at a first temperature and to transmit the exhaust gas to the condensing turbine (40) at a second temperature that is lower than the first temperature.