Extraction

Create working JDK directory (C:\JDK in this case)
Download latest version of JDK from Oracle (for example jdk-8u201-windows-x64.exe)
Download and install 7-Zip (or download 7-Zip portable version if you are not administrator)
With 7-Zip extract all the files from jdk-XuXX-windows-x64.exe into the directory C:\JDK
Execute the following commands in cmd.exe:
- cd C:\JDK\.rsrc\1033\JAVA_CAB10
- extrac32 111
Unpack C:\JDK\.rsrc\1033\JAVA_CAB10\tools.zip with 7-zip
Execute the following commands in cmd.exe:
cd C:\JDK\.rsrc\1033\JAVA_CAB10\tools\
for /r %x in (*.pack) do .\bin\unpack200 -r "%x" "%~dx%~px%~nx.jar" (this will convert all .pack files into .jar files)
Copy all contents of C:\JDK\.rsrc\1033\JAVA_CAB10\tools where you want your JDK to be
Setup JAVA_HOME and PATH manually to point to your JDK dir and its BIN subdirectory.

Configuration

Add the following line after in the eclipse.ini file:

-vm
C:\Program Files\Java\jdk1.8\bin\javaw.exe

Make sure you have add the above lines separately and above the following line:

--launcher.appendVmargs
-vmargs