Power view set up on SQL server 2012 + Sharepoint 2010

Hello,

I have configured SQL 2012 + Sharepoint 2010.

SQL 2012 version - Microsoft SQL Server 2012 - 11.0.2100.60 (X64)  Copyright (c) Microsoft Corporation Enterprise Edition (64-bit) on Windows NT 6.1 <X64> (Build 7601: Service Pack 1)               

                                              
After completing all necessary configurations, I created a routine rsds file in sharepoint. On right clicking the .rsds I can see the option to 'Create Power view report'. However, on clicking it I get error - Action cannot be completed...not a valid extension.

Am I missing anything?

One point worth mentioning, somehow I do not see  "Microsoft Business Intelligence Semantic Model" as a content type in Sharepoint contebt types list.