Unable to compile ESP MDF example projets using VS code

[mustaqim]

Hi Guys,
I am using VS code IDE and working with esp idf 4.2.2. I am able to compile example project using VS code.
I want to get started with ESP MDF. Using the command pallete i have installe ESP MDF in the IDF Tools directory.
After that i am not able to compile the esp mdf example projects.
I am getting the below error on idf.py build.

D:\Workspace_422\get-started>idf.py build
Executing action: all (aliases: build)
Running cmake in directory d:\workspace_422\get-started\build
Executing "cmake -G Ninja -DPYTHON_DEPS_CHECKED=1 -DESP_PLATFORM=1 -DCCACHE_ENABLE=1 d:\workspace_422\get-started"...
CMake Error at CMakeLists.txt:8 (include):
include could not find load file:

D:/Workspace_422/get-started/../../../project.cmake


-- The C compiler identification is unknown
-- The CXX compiler identification is unknown
CMake Error at CMakeLists.txt:10 (project):
No CMAKE_C_COMPILER could be found.

Tell CMake where to find the compiler by setting either the environment
variable "CC" or the CMake cache entry CMAKE_C_COMPILER to the full path to
the compiler, or to the compiler name if it is in the PATH.


CMake Error at CMakeLists.txt:10 (project):
No CMAKE_CXX_COMPILER could be found.

Tell CMake where to find the compiler by setting either the environment
variable "CXX" or the CMake cache entry CMAKE_CXX_COMPILER to the full path
to the compiler, or to the compiler name if it is in the PATH.


-- Configuring incomplete, errors occurred!
See also "D:/Workspace_422/get-started/build/CMakeFiles/CMakeOutput.log".
See also "D:/Workspace_422/get-started/build/CMakeFiles/CMakeError.log".
cmake failed with exit code 1

Please guide on the same. Any help is appreciated