Visual Studio - Manage Bower Packages - ECMDERR Failed to execute "git ls-remote --tags --heads https://...", exit code of #128

Background

I created empty ASP .NET MVC project, opened Manage Bower Packages window and tried to install foo package. I receive following error:

PATH=.\node_modules\.bin;C:\Program Files (x86)\Microsoft Visual Studio\2017\Enterprise\Web\External;%PATH%;C:\Program Files (x86)\Microsoft Visual Studio\2017\Enterprise\Common7\IDE\CommonExtensions\Microsoft\TeamFoundation\Team Explorer\Git\cmd;C:\Program Files (x86)\Microsoft Visual Studio\2017\Enterprise\Common7\IDE\CommonExtensions\Microsoft\TeamFoundation\Team Explorer\Git\mingw32\bin
"C:\Program Files (x86)\Microsoft Visual Studio\2017\Enterprise\Web\External\Bower.cmd" install foo#v4.0.0 --force-latest --save
bower foo#v4.0.0       not-cached https://github.com/bar/foo.git#v4.0.0
bower foo#v4.0.0          resolve https://github.com/bar/foo.git#v4.0.0
bower foo#v4.0.0          ECMDERR Failed to execute "git ls-remote --tags --heads https://github.com/bar/foo.git", exit code of #128

Question
How do I fix the above error?

Note
This question strictly relates to Visual Studio. In this case running following command does not fix the problem.

git config --global url."https://".insteadOf git://