Minakshi,
Happy New Year and yes I am still active on the forum in general along with many others...
Anyway, can you try using the Web -> Image Loader action and then mapping in the "EncodedImage" output from the action to the image src parameter of your action and see if this works as expected. I know that the img tag definitions for an HTML page will accept this encoded image value and render a graphic and I suspect that the above library does too.
Hope this helps,
Sam