The present work is devoted to the problem of utilization of the waste heat contained in the exhaust gases having the temperature of 350 °C. Conversion of the waste heat into electricity using a power plant working with organic fluid cycles is considered. Three Organic Rankine Cycle (ORC) power plant solutions are analysed and compared: a solution with the basic, single thermodynamic conversion cycle, one with internal heat recuperation and one with external heat recuperation. It results from the analysis that it is the proper choice of the working fluid evaporation temperature that fundamentally affects the maximum of the ORC plant output power. Application of the internal heat recuperation in the plant basic cycle results in the output power increase of approx. 5%. Addition of the external heat recuperation to the plant basic cycle, in the form of a secondary supercritical ORC power cycle can rise the output power by approx. 2%.