Yes, i am able to install other modules.
I upgraded to the latest version of Perl 5.12 but still the same. Could not find MinGW.
Somewhere it's suggested to download Win2003 SDK - i installed the Win7 SDK but that does not have any dmake/nmake.
I am going to give Strawberry a try.
After install Strawberry Perl, I was able to install the module thru CPAN.
Thanks for all the support.