After an intensive search, finally I have found the solution. As explained in this link, there are two patches to apply to boost folder:
intel-win.jam
file in [boost-source-directory]\tools\build\v2\tools needs to be replaced by the file given in the link.project-config.jam
needs to be replaced byintel-user-config.jam
given in the link and build command should be changed to:
b2 --user-config=intel-user-config.jam --toolset=intel
Note that intel compiler version number may need to be modified according to your existing ICC installation in the file intel-user-config.jam
.