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):                 June 20, 2000



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) 401-8200


<PAGE>




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

      On June 20, 2000, GPU, Inc. ("the Company")  announced that it had entered
into a  definitive  agreement to sell GPU  PowerNet,  the  Company's  Australian
electric  transmission  subsidiary,  to Singapore Power  International (SPI) for
A$2.1  billion  (approximately  US$  1.26  billion).  Together  with  additional
transaction  considerations,  the full value of the transaction  will be A$2.175
billion. The Company and SPI are working towards a June 30, 2000 closing.

      The Company will use the net proceeds from the sale to reduce  outstanding
debt.

      As a result of the  sale,  the  Company  expects  to  record an  estimated
after-tax  loss in the quarter  ending June 30, 2000 of between $275 million and
$300 million, including a $60 million foreign currency loss, or a $2.27 to $2.47
loss per share, which includes $0.50 per share for currency losses.

      A copy of GPU's related news release is annexed as an exhibit.


<PAGE>


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

      (c)   Exhibit

            1.    GPU News Release, dated June 20, 2000.



<PAGE>


                                    SIGNATURE

      PURSUANT TO THE  REQUIREMENTS OF THE SECURITIES  EXCHANGE ACT OF 1934, THE
REGISTRANT  HAS DULY  CAUSED  THIS  REPORT  TO BE  SIGNED  ON ITS  BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.

                              GPU, INC.



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


Date:   June 21, 2000
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "8-K", "secsgml_size_bytes": 2741}]
{"company-data": {"conformed-name": "GPU INC /PA/", "cik": "0000040779", "assigned-sic": "4911", "irs-number": "135516989", "state-of-incorporation": "PA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06047", "film-number": "658698"}, "business-address": {"street1": "300 MADISON AVE", "street2": "C/O GPU SERVICE INC", "city": "MORRISTOWN", "state": "NJ", "zip": "079621911", "phone": "9734558200"}, "mail-address": {"street1": "300 MADISON AVE", "street2": "C/O GPU SERVICE INC", "city": "MORRISTOWN", "state": "NJ", "zip": "07962"}}
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):                 June 20, 2000

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) 401-8200
ITEM 5.     OTHER EVENTS.
            ------------

      On June 20, 2000, GPU, Inc. ("the Company")  announced that it had entered
into a  definitive  agreement to sell GPU  PowerNet,  the  Company's  Australian
electric  transmission  subsidiary,  to Singapore Power  International (SPI) for
A$2.1  billion  (approximately  US$  1.26  billion).  Together  with  additional
transaction  considerations,  the full value of the transaction  will be A$2.175
billion. The Company and SPI are working towards a June 30, 2000 closing.

      The Company will use the net proceeds from the sale to reduce  outstanding
debt.

      As a result of the  sale,  the  Company  expects  to  record an  estimated
after-tax  loss in the quarter  ending June 30, 2000 of between $275 million and
$300 million, including a $60 million foreign currency loss, or a $2.27 to $2.47
loss per share, which includes $0.50 per share for currency losses.

      A copy of GPU's related news release is annexed as an exhibit.
ITEM 7.     FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
            ------------------------------------------------------------------

      (c)   Exhibit

            1.    GPU News Release, dated June 20, 2000.
SIGNATURE

      PURSUANT TO THE  REQUIREMENTS OF THE SECURITIES  EXCHANGE ACT OF 1934, THE
REGISTRANT  HAS DULY  CAUSED  THIS  REPORT  TO BE  SIGNED  ON ITS  BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.

                              GPU, INC.

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

Date:   June 21, 2000