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For Eukaryotes the electron transport chain occurs in the Inner Membrane of a mitochondria. (mitochondria has 2 membranes both outer and inner). For Prokaryotes, it occurs in the plasma membrane as prokaryotes do not have mitochondria.
The electron transport chain is a series of electron carriers in the membrane of the mitochondria in eukaryotic cells. Through a series of reactions, the high energy electrons are passed to oxygen. In the process, a gradient is formed, and ultimately ATP is produced by oxidative phosphorylation. The enzyme ATP synthase uses the energy produced by the electron transport chain for the phosphorylation of ADP to ATP.