Error while importing excel 2007 into sql 2012

Hi All,

While importing data from excel 2010 into sql 2012 i am getting following error:

Msg 7399, Level 16, State 1, Line 1
The OLE DB provider "Microsoft.ACE.OLEDB.12.0" for linked server "(null)" reported an error. The provider did not give any information about the error.
Msg 7303, Level 16, State 1, Line 1
Cannot initialize the data source object of OLE DB provider "Microsoft.ACE.OLEDB.12.0" for linked server "(null)".

I am using following query:

SELECT *
INTO dbo.headers
FROM OPENROWSET('Microsoft.ACE.OLEDB.12.0' ,'Excel 12.0;Database=C:\Users\ishu.bhardwaj\Desktop\02.xlsx;HDR=YES;IMEX=1' ,'SELECT * FROM [Sheet1$]')

Regards

Ishu Bhardwaj