SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                               -------------------

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934




Date of Report (date of
earliest event reported):                   November 16, 1999



Commission     Registrant, State of Incorporation,           I.R.S. Employer
File Number    Address and Telephone Number                  Identification No.
-----------    ----------------------------------            -----------------
1-6047         GPU, Inc.                                          13-5516989
               (a Pennsylvania corporation)
               300 Madison Avenue
               Morristown, New Jersey 07962-1911
               Telephone (973) 455-8200


1-3141         Jersey Central Power & Light Company               21-0485010
               (a New Jersey corporation)
               2800 Pottsville Pike
               Reading, Pennsylvania 19640-0001
               Telephone (610) 929-3601


1-446          Metropolitan Edison Company                        23-0870160
               (a Pennsylvania corporation)
               2800 Pottsville Pike
               Reading, Pennsylvania 19640-0001
               Telephone (610) 929-3601


1-3522         Pennsylvania Electric Company                      25-0718085
               (a Pennsylvania corporation)
               2800 Pottsville Pike
               Reading, Pennsylvania 19640-0001
               Telephone (610) 929-3601


<PAGE>





ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
        -------------------------------------

        As  previously  reported,  on October 29, 1998,  following a competitive
auction process, GPU, Inc.'s electric utility subsidiaries (Jersey Central Power
&  Light  Company   ("JCP&L"),   Metropolitan   Edison  Company  ("Met-Ed")  and
Pennsylvania Electric Company ("Penelec")),  which are conducting business under
the name GPU  Energy  ("GPUE"),  entered  into a series  of  agreements  to sell
substantially all of their fossil and hydroelectric generating stations to Sithe
Energies,  Inc. ("Sithe") for an aggregate purchase price of approximately $1.67
billion in cash, subject to certain pre-closing adjustments.  Sithe also entered
into  transition  power purchase  agreements with the GPUE companies under which
the GPUE  companies  can  call,  or Sithe  can  require  the GPUE  companies  to
purchase,  capacity from these  generating units at fixed prices through May 31,
2002.  Following  receipt  of all  regulatory  and  other  approvals,  the  GPUE
companies completed these sales to various subsidiaries of Sithe on November 24,
1999.

        In addition,  as part of the transactions,  Sithe acquired certain other
associated assets and liabilities including all related contracts,  inventories,
fuel and certain intellectual  property, as well as the stock of GPU Generation,
Inc. (which has been renamed Sithe Northeast Management Inc.).

        GPU will apply the net proceeds of  approximately  $1.62 billion  (JCP&L
$416  million;  Met-Ed $641  million;  Penelec $558  million),  after payment of
related income taxes, to fund future  stranded costs,  invest in the reliability
of the GPUE companies'  utility network,  reduce outstanding debt and repurchase
GPU, Inc.
common stock.

        The Company is not aware of any material relationships between Sithe and
any of its affiliates and GPU and any of its affiliates, any director or officer
of GPU or any associate of any such director or officer.

        A copy of the GPU's  related  news  release  is  annexed  as  Exhibit 1,
including a list of the generating stations and development sites sold to Sithe.














<PAGE>


ITEM 5. OTHER EVENTS.
        ------------


        1.     Three Mile Island Litigation
               ----------------------------

        As previously  reported,  on November 2, 1999, the U.S. Court of Appeals
for the Third Circuit  affirmed a 1996 U.S.  District Court order dismissing ten
initial "test cases" of the pending 2,100 personal injury claims brought against
GPU, Inc. and the GPUE companies as a result of the March 1979 nuclear  accident
at Three Mile Island Unit No. 2, but set aside the District Court's dismissal of
the  remaining  claims  and  remanded  them to the  District  Court for  further
proceedings.

        On November 16, 1999,  GPU, Inc. and the GPUE companies  filed petitions
with the Court of Appeals seeking a rehearing and reconsideration of the Court's
decision  regarding these remaining claims. The "test case" plaintiffs have also
requested a rehearing,  or rehearing en banc, of the Court's decision  upholding
the dismissal of their claims.

        There can be no assurance as to the outcome of these proceedings.


        2.     Class Action Litigation
               -----------------------

        As previously reported, two class action lawsuits have been commenced in
New Jersey Superior Court against GPU, Inc. and the GPUE companies, seeking both
compensatory and punitive damages for alleged losses suffered due to major power
outages and temporary service  interruptions in JCP&L's service territory during
the July 1999 severe heat storm.  In response to GPU's demand for a statement of
damages,  the  plaintiffs  have  stated  that they are  seeking  damages of $700
million, subject to the results of pre-trial discovery.

        There can be no assurance as to the outcome of this litigation.


<PAGE>


ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
        -------------------------------------------------------------------


(b)     Pro Forma Financial Information.

               The pro forma  financial  information  required by Item 2 of Form
8-K has been  previously  furnished in Exhibit 99 to GPU's Annual Report on Form
10-K  for the  year  ended  December  31,  1998 and is  incorporated  herein  by
reference.

(c)     Exhibits:

               1.     GPU News Release,  dated November 24, 1999, which includes
                      a list of generating  stations and development  properties
                      sold to Sithe.




<PAGE>


                                    SIGNATURE

        PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE
REGISTRANTS  HAVE DULY CAUSED  THIS  REPORT TO BE SIGNED ON THEIR  BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.


                                   GPU, INC.
                                   JERSEY CENTRAL POWER & LIGHT COMPANY
                                   METROPOLITAN EDISON COMPANY
                                   PENNSYLVANIA ELECTRIC COMPANY


                                   By: /s/ T. G. Howson
                                       -----------------------------
                                        T. G. Howson, Vice President
                                          and Treasurer


Date:   December 2, 1999
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SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                               -------------------

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of
earliest event reported):                   November 16, 1999

Commission     Registrant, State of Incorporation,           I.R.S. Employer
File Number    Address and Telephone Number                  Identification No.
-----------    ----------------------------------            -----------------
1-6047         GPU, Inc.                                          13-5516989
               (a Pennsylvania corporation)
               300 Madison Avenue
               Morristown, New Jersey 07962-1911
               Telephone (973) 455-8200

1-3141         Jersey Central Power & Light Company               21-0485010
               (a New Jersey corporation)
               2800 Pottsville Pike
               Reading, Pennsylvania 19640-0001
               Telephone (610) 929-3601

1-446          Metropolitan Edison Company                        23-0870160
               (a Pennsylvania corporation)
               2800 Pottsville Pike
               Reading, Pennsylvania 19640-0001
               Telephone (610) 929-3601

1-3522         Pennsylvania Electric Company                      25-0718085
               (a Pennsylvania corporation)
               2800 Pottsville Pike
               Reading, Pennsylvania 19640-0001
               Telephone (610) 929-3601
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
        -------------------------------------

        As  previously  reported,  on October 29, 1998,  following a competitive
auction process, GPU, Inc.'s electric utility subsidiaries (Jersey Central Power
&  Light  Company   ("JCP&L"),   Metropolitan   Edison  Company  ("Met-Ed")  and
Pennsylvania Electric Company ("Penelec")),  which are conducting business under
the name GPU  Energy  ("GPUE"),  entered  into a series  of  agreements  to sell
substantially all of their fossil and hydroelectric generating stations to Sithe
Energies,  Inc. ("Sithe") for an aggregate purchase price of approximately $1.67
billion in cash, subject to certain pre-closing adjustments.  Sithe also entered
into  transition  power purchase  agreements with the GPUE companies under which
the GPUE  companies  can  call,  or Sithe  can  require  the GPUE  companies  to
purchase,  capacity from these  generating units at fixed prices through May 31,
2002.  Following  receipt  of all  regulatory  and  other  approvals,  the  GPUE
companies completed these sales to various subsidiaries of Sithe on November 24,
1999.

        In addition,  as part of the transactions,  Sithe acquired certain other
associated assets and liabilities including all related contracts,  inventories,
fuel and certain intellectual  property, as well as the stock of GPU Generation,
Inc. (which has been renamed Sithe Northeast Management Inc.).

        GPU will apply the net proceeds of  approximately  $1.62 billion  (JCP&L
$416  million;  Met-Ed $641  million;  Penelec $558  million),  after payment of
related income taxes, to fund future  stranded costs,  invest in the reliability
of the GPUE companies'  utility network,  reduce outstanding debt and repurchase
GPU, Inc.
common stock.

        The Company is not aware of any material relationships between Sithe and
any of its affiliates and GPU and any of its affiliates, any director or officer
of GPU or any associate of any such director or officer.

        A copy of the GPU's  related  news  release  is  annexed  as  Exhibit 1,
including a list of the generating stations and development sites sold to Sithe.
ITEM 5. OTHER EVENTS.
        ------------

        1.     Three Mile Island Litigation
               ----------------------------

        As previously  reported,  on November 2, 1999, the U.S. Court of Appeals
for the Third Circuit  affirmed a 1996 U.S.  District Court order dismissing ten
initial "test cases" of the pending 2,100 personal injury claims brought against
GPU, Inc. and the GPUE companies as a result of the March 1979 nuclear  accident
at Three Mile Island Unit No. 2, but set aside the District Court's dismissal of
the  remaining  claims  and  remanded  them to the  District  Court for  further
proceedings.

        On November 16, 1999,  GPU, Inc. and the GPUE companies  filed petitions
with the Court of Appeals seeking a rehearing and reconsideration of the Court's
decision  regarding these remaining claims. The "test case" plaintiffs have also
requested a rehearing,  or rehearing en banc, of the Court's decision  upholding
the dismissal of their claims.

        There can be no assurance as to the outcome of these proceedings.

        2.     Class Action Litigation
               -----------------------

        As previously reported, two class action lawsuits have been commenced in
New Jersey Superior Court against GPU, Inc. and the GPUE companies, seeking both
compensatory and punitive damages for alleged losses suffered due to major power
outages and temporary service  interruptions in JCP&L's service territory during
the July 1999 severe heat storm.  In response to GPU's demand for a statement of
damages,  the  plaintiffs  have  stated  that they are  seeking  damages of $700
million, subject to the results of pre-trial discovery.

        There can be no assurance as to the outcome of this litigation.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
        -------------------------------------------------------------------

(b)     Pro Forma Financial Information.

               The pro forma  financial  information  required by Item 2 of Form
8-K has been  previously  furnished in Exhibit 99 to GPU's Annual Report on Form
10-K  for the  year  ended  December  31,  1998 and is  incorporated  herein  by
reference.

(c)     Exhibits:

               1.     GPU News Release,  dated November 24, 1999, which includes
                      a list of generating  stations and development  properties
                      sold to Sithe.
SIGNATURE

        PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE
REGISTRANTS  HAVE DULY CAUSED  THIS  REPORT TO BE SIGNED ON THEIR  BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.

                                   GPU, INC.
                                   JERSEY CENTRAL POWER & LIGHT COMPANY
                                   METROPOLITAN EDISON COMPANY
                                   PENNSYLVANIA ELECTRIC COMPANY

                                   By: /s/ T. G. Howson
                                       -----------------------------
                                        T. G. Howson, Vice President
                                          and Treasurer

Date:   December 2, 1999