Unable to Open Project – “Saved in a newer version” Error

Dear Users,

I am facing an issue with Adobe Premiere Pro. Yesterday, I edited and saved a project file. Today, when I try to open the same project, I am getting the error message:

“This project was saved in a newer version of Adobe Premiere Pro and cannot be opened in this version.”

I tried the following steps, but the issue still persists:

• Uninstalled and reinstalled Premiere Pro

• Tried opening from Auto-Save

• Restarted the system

Still, the project does not open.

I am attaching the screenshot of the error message for your reference.

Please help me recover or open this project file. It is an important work file.

Thank you,
K. Ragavendran