Fix "could not resolve project cordovaLib" error after upgrading to android studio 3.0.1

After upgrading to Android studio 3.0.1, when building cordova project, if error happens for

Unable to resolve dependency for ':@debug/compileClasspath': Could not resolve project :CordovaLib. Open File Show Details

Then it can be fixed by updating the android module's build.gradle with the below change:

dependencies {
    compile fileTree(dir: 'libs', include: '*.jar')
    // SUB-PROJECT DEPENDENCIES START    debugCompile(project(path: "CordovaLib", configuration: "debug"))
    releaseCompile(project(path: "CordovaLib", configuration: "release"))

    compile project(':CordovaLib')
    // SUB-PROJECT DEPENDENCIES END

}