SECURITIES AND EXCHANGE COMMISSION ~~Washington, D.C. 20549~~

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 20 22, 2002

NRG South Central Generating LLC ~~(Exact name of registrant as specified in its charter)~~

~~Delaware~~ (~~State~~Exact orname ~~other~~of ~~jurisdiction~~registrant ofas ~~incorporation~~specified in its charter)

333-48900 (Commission File Number)		41-1963217 (IRS Employer Identification No.)
901 Marquette Avenue, Suite 2300 Minneapolis, MN (Address of principal executive offices)		55402 (Zip Code)

Delaware

(State or other jurisdiction of incorporation)


333-48900		41-1963217

(Commission File Number)		(IRS Employer Identification No.)

901 Marquette Avenue, Suite 2300		Minneapolis, MN 55402

(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 612-373-5300

(Former name or former address, if changed since last report)

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	Item 5. Other Events
SIGNATURES

Item 5. Other Events

On November 2024, 2002, NRG ~~South~~Energy, ~~Central~~Inc. ~~Generating~~(“NRG” ~~LLC~~or the “Company”), a wholly owned, ~~indirect~~ subsidiary of ~~NRG~~Xcel Energy, ~~Inc.,~~(“Xcel”) ~~received~~and athe ~~notice~~indirect parent company of ~~acceleration~~the ~~from~~registrant, said that it intends to continue to conduct business as usual despite the ~~bond~~late ~~trustee,~~afternoon filing on ~~behalf~~November ~~of bondholders~~22, 2002 ~~for~~of ~~its~~an ~~8.962~~involuntary Chapter ~~percent~~11 ~~senior secured~~petition ~~series~~against ~~A-1~~the ~~bonds~~Company ~~due~~by ~~2016~~five ~~and~~former ~~its~~NRG 9executives.~~479 percent~~ ~~senior~~NRG ~~secured series~~also ~~B-1~~said ~~bonds~~the ~~due~~filing ~~2024.~~of ~~The~~the ~~notice~~involuntary ofpetition ~~acceleration~~does ~~renders~~not put the ~~approximately~~Company ~~$750~~into ~~million~~bankruptcy innor ~~debt,~~is ~~which~~the isCompany ~~non-recourse~~subject to ~~NRG~~restrictions ~~Energy,~~imposed ~~immediately~~on ~~due~~debtors ~~and~~under ~~payable~~the U.S. Bankruptcy Code.

~~Based~~Under provisions of federal law, NRG has the full authority to continue to operate its business as if the involuntary petition had not been filed unless and until a court hearing on ~~discussions~~the ~~with~~validity of the ~~bondholders,~~involuntary itpetition is resolved adversely to NRG’s. ~~understanding~~NRG ~~that~~has 20 calendar days to respond to the ~~bond~~allegations ~~trustee~~contained ~~issued~~in the ~~acceleration~~involuntary ~~notice~~petition, during which time it can choose to ~~preserve~~seek ~~certain~~to ~~rights~~have the petition dismissed, ~~and~~or converted to a voluntary bankruptcy under Chapter 11. Should NRG seek to have the petition dismissed, ~~continues~~the ~~negotiations~~court ~~with~~would ~~bondholders~~then set a hearing to determine the merits of the petition — a process that could take several weeks or more. NRG would have the opportunity to present evidence and the court would have to judge whether the petition had any merit. NRG is currently considering its options.

In the meantime, NRG’s employees will receive their wages, salaries and benefits as usual, and NRG will continue to ~~work~~purchase ~~with~~goods ~~its~~and ~~lenders~~services ~~toward~~and anpay for ~~overall~~all ~~restructuring~~purchases ~~of NRG’s~~on ~~debt~~normal business terms. The involuntary petition, ~~and~~filed ~~does~~in the ~~not~~U.S. ~~believe~~Bankruptcy ~~that~~Court for the ~~NRG~~District ~~South~~of ~~Central~~Minnesota, ~~Generating bondholders’~~was ~~action~~filed ~~will~~against ~~negatively~~NRG Energy, ~~affect~~Inc. ~~the~~and ~~course~~not against any of ~~those~~its ~~discussions~~subsidiaries, which actually own and operate NRG’s power generating facilities.

~~NRG~~During ~~South~~the ~~Central~~last ~~Generating~~few ~~defaulted~~months, onNRG ~~the~~has ~~bonds~~been ~~when~~engaged itin ~~did~~negotiations ~~not~~with ~~make~~its bank ~~approximately~~lenders ~~$47 million~~and inbondholders ~~combined~~to ~~principal~~develop ~~and~~a ~~interest~~plan ~~payments,~~for ~~due~~restructuring the Company’s debt. ~~September 15,~~NRG onsaid ~~the~~that ~~two~~it ~~bond~~expects ~~issuances~~those discussions to continue and ~~did~~stressed ~~not~~that ~~make~~none of the ~~required~~bank ~~payments before~~lenders or bondholders had joined the ~~15-day~~former ~~grace~~NRG ~~period~~executives ~~expired~~in signing the involuntary petition.

~~This~~Certain ~~Current~~statements ~~Report~~included onin this Form 8-K ~~includes~~are forward-looking statements within ~~that~~the ~~are subject~~meaning toof ~~certain~~Section 27A ~~risks,~~of ~~uncertainties~~the ~~and~~Securities ~~assumptions.~~Act ~~Such~~of ~~forward-looking statements~~1933 ~~are~~and ~~intended~~Section 21E of tothe beSecurities ~~indentified~~Exchange inAct ~~this~~of ~~document~~1934. byForward-looking ~~the~~statements ~~words~~above ~~“anticipate~~include,” ~~“estimate,”~~but ~~“expect,”~~are ~~guidance,”~~not ~~“projected,”~~limited ~~“objective~~to,~~” “outlook,”~~ ~~“possible,”~~plans ~~“potential”~~for ~~and~~operation ~~similar~~of ~~expressions.~~the ~~Actual~~Company ~~results~~while ~~may~~an ~~vary~~involuntary ~~materially.~~Chapter 11 ~~Factors~~petition ~~that~~is ~~could~~pending, ~~cause~~the ~~actual~~status ~~results~~of tonegotiations ~~differ materially~~with ~~include,~~lenders ~~but~~and ~~are~~progress ~~not~~of ~~limited~~asset ~~to:~~sales ~~general~~and ~~economic~~restructuring ~~conditions;~~efforts. ~~business~~Although NRG ~~conditions~~believes inits ~~the~~expectations ~~energy~~are ~~industry;~~reasonable, ~~competitive~~it ~~factors;~~can ~~unusual~~give ~~weather;~~no assurance these ~~changes~~expectations inwill ~~federal~~prove orto ~~state~~have ~~legislation;~~been ~~the~~correct. ~~unwillingness~~Factors ofthat ~~the~~could ~~banks~~cause ~~and~~NRG’s ~~other~~actual ~~creditors~~results to ~~continue~~differ tomaterially ~~work~~from ~~with~~those ~~NRG~~contemplated ~~regarding~~in ~~its restructuring; and~~ the forward-looking ~~other~~statements ~~risk~~above ~~factors~~include, ~~listed~~among ~~from~~others, ~~time~~court toproceedings, ~~time~~the actions byof NRG’s ~~Energy~~lenders inand ~~reports~~other ~~filed~~creditors, and the satisfaction of ~~with~~conditions to completion of the ~~Securities~~asset ~~and~~sales ~~Exchange~~NRG ~~Commission~~has ~~(SEC)~~announced.

NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this Form 8-K should not be construed as exhaustive. For more information regarding risks and uncertainties that may affect the registrant’s and NRG’s future results, review the registrant’s and NRG’s filings with the Securities and Exchange Commission.

SIGNATURES

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 hereunto duly authorized.

NRG South Central Generating LLC (Registrant) By /s/ C. Adam Carte C. Adam Carte Treasurer

ByDated: ~~/s/~~November 27, ~~C. Adam Carte C. Adam Carte Treasurer(Principal Financial Officer)~~2002

Dated: November 21, 2002

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