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Unable to use XGCONF Configuration Tool



I want to use the XGCONF tool to configure SYS/BIOS. 

I created a new CCS project

But there is no .cfg file. So I created one in File > New > RTSC Configuration File

After creating this file, when I go to the project properties, I get this error:

None of the currently selected products supplies value for the Target. Please specify the Target manually, or try using a pre-3.30 version of XDCtools.

If I open the .cfg file with XGCONF, I get this error:

I could not find any solution to this. How can I get it working?